Oaktree to Assume Management of Fifth Street Finance and FSFR

Oaktree Capital Group signed an asset purchase agreement to become the new investment adviser to Fifth Street Finance and Fifth Street Senior Floating Rate.

Oaktree Launches New Website

Oaktree Capital Group launched a new website. The redesigned site includes expanded content, an improved interface and links to Oaktree’s new social media platforms.

Oaktree Capital Reaches Record $103B in Assets

Oaktree Capital reported that assets under management reached a record $104 billion as of June 30, 2015, up 13% year/year, on capital inflows of $6.3 billion in Q2/15 and a record $24 billion for the past 12 months.

Oaktree Said to Raise $7B for Distressed Debt Fund

Oaktree Capital Group reportedly gathered $7 billion for a distressed debt fund as it prepares for the economic recovery to falter.

Oaktree’s Marks Says Oil Decline May Ignite Debt Crisis

Howard Marks reportedly believes the plunge in oil prices may usher in a new era for investing in distressed debt.

Oaktree’s Quarterly Profit Falls 47% on Exits Slowdown

Oaktree Capital Group reportedly said third-quarter profit fell 47% as it sold fewer holdings.

Oaktree Said to Seek $10 Billion for Distressed Fund

Bloomberg reported Oaktree Capital Group is said to be seeking $10 billion for a new fund with plans to sit on most of the capital until rising markets reverse course.