Oaktree Capital Group IPO
Private equity firm Carlyle Group is also planning an IPO. It is expected that JPMorgan Chase & Co, Citigroup Inc and Credit Suisse Group Ltd will lead Carlyle’s IPO, two sources familiar with the process said on Friday.
Los Angeles, California-based Oaktree, which was formed in 1995, has hired Goldman Sachs and Morgan Stanley to underwrite its offering.
Distressed debt and real estate investor Oaktree Capital Group filed with U.S. regulators to raise up to $100 million in an initial public offering of its class A units, the latest financial firm to seek a public listing.
The company, which listed shares four years ago on a quasi-public exchange set up by Goldman Sachs (GS.N), manages over $80 billion, rooted mostly in debt investments.
The company did not reveal how many shares it planned to sell or their expected price. It plans to list its Class A units on the New York Stock Exchange under the symbol “OAK.”
The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO can be different.
Shayne Heffernan oversees the management of funds for institutions and high net worth individuals.
Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.
For More Information Contact
Chutinush Taksinapinunt (ANISTA)
Business Development Director
Heffernan Capital Management
Suite 53 Athenee Tower 63 Wireless Road, Lumpini, Pathumwan, Bangkok 10330 THAILAND
Tel: +66 2 126 8045
Fax: +66 2 126 8080
Mobile: +66 8 5997 0635
Email : email@example.com
347 5th Avenue, Suite 1402-508 NY, NY 10016
Tel: +1 646-403-9881
Fax: +1 646-403-8014
3 Raffles Place #07-01 Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699
Get the Updates Daily
Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. You must also accept that opinions on stock markets change minute to minute, opinions expressed my change at any time without warning. Opinions maybe influenced by ad sales and other financial consideration. This site does not offer any assistance in making financial decisions.
Read the Terms of Service
- General Motors NASDAQ:GM Returns to $33 IPO Price After 2 yrs
May 18, 2013
- The Bounce List: VDSC, EVSV, AEMC
May 17, 2013
- James Cameron: Brother’s SafeCig and VaporBrands International Inc (PINK:VAPR) Collapse
- Wall Street Preview
- Schwab NYSE:SCHW Eliminates Class-Action Waiver Requirement for Clients
Best Hedge Funds 2013
Working with some of the World’s largest financial institutions HCM’s goal is to provide portfolio returns that exceed the S&P 500 Index benchmark while …
Shayne Heffernan: How to Develop an Inflation Hedge 2013
QE1, QE2, QE3, the Bernanke “Twist” and QE4 are pumping out money at a rate never before seen in …
Chopard Jewels Robbed from Hotel Room at Cannes Film Festival
$1-M worth of Chopard jewelry has been stolen at the Cannes Film Festival.
French police confirmed to …
The Hot List
Enviro-Serv Inc (OTCMKTS:EVSV), Medical Marijuana Inc (OTCMKTS:MJNA)
Enviro-Serv Inc (OTCMKTS:EVSV)
EVSV had a stellar dy yesterday, ut it looks like it is just the begining of big things, good …