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Investors back Oaktree to cash in on distress
Oliver Smiddy
02 Dec 2008
02 Dec 2008
 |
Friday
09 January 2009
02:32 GMT
Oaktree Capital Management, the US distressed investment specialist, has closed its third fundraising this year, bringing its total capital raised since January to more than $17bn (€13.5bn), in a sign investors back the firm to take advantage of companies in financial trouble.
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