Sunday, 21 December 2014
Last updated 11 hours ago
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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.