Barclays Nabs Three From Oaktree

Feb 14 2007 | 12:33pm ET

Barclays Capital has hired three executives from Oaktree Capital Management to bolster its U.S. distressed debt and special situations team.

Matt Barrett former managing director of Oaktree’s Opportunities Funds, a global distressed debt/special situations fund, will become the new head of distressed debt and special situations investing. Fellow Oaktree alumni Brian Berman and Holly Kim join Barclay’s as managing directors. Both worked under Barrett in its distressed debt/special situations group.

All three will be based in Los Angeles. Barrett will report to Michael Keegan, managing director and chief operating officer for global credit products and investment banking. Berman and Kim will report to Barrett.

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