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Wednesday, August 08, 2012|
Oaktree Releases Its First Report Since Its IPO
Oaktree Capital released their second-quarter earnings report today, the first time the Los Angeles, California-based firm has filed an earrings report since it became a publicly traded company last year.
As of June 30, the shop had $26.5 billion AUM in open-end funds. This is a small decline from one year ago, when $26.9 billion was in the firm's open-end funds.
"I am very pleased with our initial quarter as a public company," stated chairman Howard Marks. "I feel we continued to demonstrate the same focus on delivering superior returns and service to our clients as has been our priority since Oaktree’s founding."
Read the entire release here.
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