LOS ANGELES--(BUSINESS WIRE)--Jul. 2, 2012--
Oaktree Capital Group, LLC (NYSE: OAK), a leading global investment
management firm focused on alternative markets, today announced the
appointment of Marna C. Whittington, Ph.D. to its Board of Directors and
its Audit Committee. Whittington was Chief Executive Officer of Allianz
Global Investors Capital, a diversified global investment firm, until
her retirement earlier this year.
Oaktree Chairman Howard Marks commented, “Marna is an esteemed veteran
of the investment management industry with vast financial, operational
and public company expertise. We are delighted to welcome her to
Oaktree’s Board of Directors.”
Marna Whittington was the Chief Executive Officer of Allianz Global
Investors Capital from 2001 until her retirement in January 2012. From
2002 to 2011, she was Chief Operating Officer of Allianz Global
Investors, the parent company of Allianz Global Investors Capital. Prior
to that, she was Managing Director and Chief Operating Officer of Morgan
Stanley Investment Management. Whittington started in the investment
management industry in 1992, joining Philadelphia-based Miller
Anderson & Sherrerd. Previously, she was Executive Vice President and
CFO of the University of Pennsylvania, and earlier, Secretary of Finance
for the State of Delaware.
Whittington currently serves as a director of Macy’s, Inc. and Phillips
66. She holds an M.S. degree and a Ph.D. from the University of
Pittsburgh, both in Quantitative Methods, and a B.A. degree in
Mathematics from the University of Delaware.
About Oaktree
Oaktree is a leading global investment management firm focused on
alternative markets, with $77.9 billion in assets under management as of
March 31, 2012. The firm emphasizes an opportunistic, value-oriented and
risk-controlled approach to investments in distressed debt, corporate
debt (including high yield debt and senior loans), control investing,
convertible securities, real estate and listed equities. Headquartered
in Los Angeles, the firm has over 650 employees and offices in 13 cities
worldwide. For additional information, please visit Oaktree’s website at http://www.oaktreecapital.com/.
Source: Oaktree Capital Group, LLC
Oaktree Capital Group, LLC
Investor Relations
Andrea D.
Williams, 213-830-6483
investorrelations@oaktreecapital.com