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

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note