Distressed debts & Oaktree

DeborahLL

Newbie
Messages
2
Likes
0
Specialized in “alternative investments strategies”, notably in distressed debts, Oaktree Capital Group shows its limits in its abilities to support the company's growth and manage funds, mainly in France. Bélvédère, Vivarte and Groupe Partouche are the victims of the global asset management firm.

Oaktree Capital Group made a lot of mistakes which result in redundancies and financial difficulties for the firms concerned, and for Oaktree, the loss of more than 30 million euros (Partouche).

In the case of Partouche, Oaktree Capital Group lost 35 M € in investment in Holding of Casino in Europe because the forgot to request the money in a legal process in France. What does it means? Simply Oaktree’s limits in an international environment?

Is Oaktree Capital Group really secure?
 
The asset management Oaktree made a big mistake! How a group like Oaktree (managing more billions dollars) can lose more than 30 million euros ?
 
Top