menu
Home > Investors > Press Releases > Oaktree Opens Office in Sydney, Australia
Press Release
View printer-friendly version << Back
Oaktree Opens Office in Sydney, Australia

LOS ANGELES--(BUSINESS WIRE)--Mar. 2, 2016-- Oaktree Capital Group, LLC (NYSE:OAK) (“Oaktree”) today announced that it has opened an office in Sydney, Australia. Byron Beath, Managing Director, will lead investment activities in the region.

Mr. Beath joined Oaktree in 2016 to focus on investment opportunities for the Global Principal Group in Australia and New Zealand, a region in which he has extensive experience. Prior to Oaktree, Mr. Beath spent fifteen years with Macquarie Bank Limited, where he was most recently a director in the Corporate and Asset Finance division.

Matt Wilson, Managing Director and Co-Portfolio Manager of Oaktree’s Global Principal Group said, “Oaktree has strong relationships and a long history of investing in Australia and New Zealand. Establishing an office in Sydney was the logical next step in increasing our exposure in the region. We are excited to have Byron on board to lead our efforts and are proud to formalize our presence here.”

Mr. Beath added, “Opening an office in Sydney will better enable Oaktree to create and seize investment opportunities across Australia and New Zealand. A local presence, coupled with Oaktree’s extensive global network and deep knowledge across industries, ideally positions us to capitalize on the growing number of opportunities within the region.”

Having first established its presence in the Asia Pacific region in 1998, Oaktree continues to expand its footprint across the region, with the Sydney location adding to its offices in Beijing, Hong Kong, Seoul, Singapore, Shanghai, and Tokyo.

About Oaktree

Oaktree is a leader among global investment managers specializing in alternative investments, with $97 billion in assets under management as of December 31, 2015. 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 900 employees and offices in 18 cities worldwide. For additional information, please visit Oaktree’s website at http://www.oaktreecapital.com.

Source: Oaktree Capital Group, LLC

Oaktree Capital Group, LLC
Andrea D. Williams, +1 213 830-6483
investorrelations@oaktreecapital.com
or
Citigate Dewe Rogerson
Charlotte Bilney, +852 9314-3463
charlotte.bilney@citigate.com.hk
or
P&L Corporate Communications
Ian Pemberton, +61 2 9231-5411
ian.pemberton@plcorporate.com.au