Oaktree Capital Plans European Distressed Debt Fund

  • 07 Dec 2007
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Oaktree Capital Management plans to create a €1.25 billion ($1.83 billion) fund that would invest in European distressed debt, reports Bloomberg News. The fund would be more than three times larger than the firm’s first European distressed debt fund, which raised $500 million last year. “Oaktree has a lot of experience turning around troubled companies,” said Michael Rosen, cio of Angeles Investment Advisors. “The organization has demonstrated an ability to move into areas beyond the initial core competency by building teams and having resources in place before raising funds.”

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  • 07 Dec 2007

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.54%
2 Bank of America Merrill Lynch 66,433.81 187 9.43%
3 Wells Fargo Securities 57,637.40 170 8.18%
4 JPMorgan 53,570.42 158 7.61%
5 Credit Suisse 45,349.30 117 6.44%