(Reuters) Howard Marks, co-founder and chairman of Oaktree Capital, the world’s largest distressed debt investor, said on Thursday he expects to raise more funds from Chinese high net worth investors to buy distressed debt overseas. Speaking at the AVCJ Private Equity & Venture Forum 2015 in Hong Kong, Marks said Oaktree was looking at opportunities in the global energy sector, which he said was the most “stressed” in the world today due to the plunge in oil prices.
Oaktree’s Marks Says to Tap More Chinese Funds for Distressed Debt
This entry was posted in Syndicated. Bookmark the permalink.
