MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, June 10, 2011 Publicly-Traded Oaktree Shares are Coming Soon Guess which fund firm is looking to go public? Oaktree Capital Management [see profile] is looking to take the plunge onto the New York Stock Exchange valuing the fund firm between $8 billion and $9 billion, Reuters reports, citing a report from the Financial Times. Oaktree, which listed shares four years ago on an exchange set up by Goldman Sachs, has reportedly hired the banking giant to transfer those shares to the NYSE. As a result, no new money will be raised for the asset manager. Morningstar also covered the anticipated switch. Printed from: MFWire.com/story.asp?s=37036 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |