Oaktree Capital Management

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Oaktree Capital Management, LP

logo
legal form Limited partnership
founding April 1995
Seat Los Angeles United StatesUnited StatesUnited States 
management Howard Marks
Number of employees about 600 (2009)
Website www.oaktreecapital.com

Oaktree Capital Management, LP ( OCM ) is a global US investment company in the legal form of a Limited Partnership (LP). Oaktree is headquartered in Los Angeles , with further branches in New York , London and Hong Kong , and offices in Amsterdam , Stamford , Frankfurt am Main , Luxembourg , Paris , Beijing , Seoul , Shanghai , Singapore and Tokyo .

OCM currently manages (as of September 30, 2008) a total investment capital of 82 billion US dollars, 38 percent of which is invested in commercial companies and 29 percent in mutual funds. Since the company invests in other funds again, it belongs to the group of funds of funds , including one of the world's largest. OCM can also be classified as a hedge fund due to its risky investment strategy . The investment strategy focuses on “distressed” securities (currently 14.811 billion US dollars) and high-yield bonds (English junk bonds ).

OCM was founded in April 1995 by Howard Marks, Bruce Karsh, Steve Kaplan, Larry Keele, Richard Masson and Sheldon Stone, who had worked together since the 1980s. Today (end of 2009) the company has around 600 employees.

Corporate investments

For example, Oaktree Capital Management invests in:

  • Deutsche Wohnen : since its merger with GEHAG in 2007
  • Ströer Media International (German outdoor advertising company; a subsidiary of Ströer Out-of-Home Media ): since 2007
  • RAFI (electrical industry): awaiting merger control proceedings
  • Railpool (leasing): since 2014
  • Vitanas (operator of senior centers) since 2017

For example, Oaktree Capital Management has invested in:

  • Beluga Shipping (heavy goods shipping company), after bankruptcy in 2011, partially transferred to the heavy goods shipping company Hansa Heavy Lift, newly founded by Oaktree
  • Bavaria Yachtbau (sailboat manufacturer): 2009 to 2018
  • Loew's, Inc. (US cinema chain): 2002 to 2004
  • R&R Ice Cream (ice cream manufacturer): 2005 to 2013
  • Stock (spirits manufacturer): 2007 to 2008
  • Care and Living Hamburg GmbH: 2017 to 2018

Web links

Individual evidence

  1. ↑ RAFI: Talks with the potential new shareholder are progressing. Press release. RAFI, November 15, 2019, accessed December 13, 2019 .
  2. ↑ Change of ownership at Railpool. Press release. Railpool, May 12, 2014, accessed May 12, 2014 .
  3. ↑ The new line at Bavaria . Retrieved December 7, 2019.
  4. ↑ The Barfibel, Grtränke & Marken. Book. Thomas Majhen, September 19, 2015, accessed December 7, 2019 .
  5. ↑ Oaktree sells shares in the nursing home chain Care & Living. News. Vincentz Network GmbH & Co. KG, July 10, 2018, accessed on December 7, 2019 .