Tuesday, 2 September 2014
Last updated 3 days ago
Mar 6 2012 | 1:27pm ET
Los Angeles-based hedge fund and asset management firm Oaktree Capital Management has raised a €3 billion ($3.9 billion) fund focused on taking control of distressed European companies through their debt or equity, reports Bloomberg.
Citing two people “with knowledge of the situation,” Bloomberg says Oaktree, which manages $75 billion, has raised 20% more than its initial €2.5 billion target for the European Principal Fund III and 76% more than it did in 2008 for a fund deploying a similar strategy.
Today, Oaktree has approximately 600 employees in Los Angeles (headquarters), New York, Stamford, Conn., Amsterdam, Frankfurt, London, Luxembourg, Paris, Beijing, Hong Kong, Seoul, Singapore and Tokyo.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...