Oaktree Adds Emerging Markets Specialist For Debt Strategy

Jul 27 2012 | 10:33am ET

Oaktree Capital Management has hired a 20-year emerging markets veteran to boost its own capacity in that area.

Julio Herrera will run Oaktree's new Emerging Markets Opportunities strategy. The fund will focus on distressed and dislocated corporate and sovereign debt.

"We're delighted to have Julio join our team," Oaktree co-founder Howard Marks said. "He has extensive experience investing in distressed assets in the emerging markets and shares Oaktree's bottom-up, value-oriented investment approach. We're particularly pleased to have Julio lead the charge for Oaktree in this very rapidly growing asset class, which is already approaching $1 trillion in size."

Herrara joins Oaktree from emerging markets firm Fintech Advisory, where he was president. He also formerly worked at Lehman Brothers, ING Capital Holdings and RRH Capital Management.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note