Oaktree Capital Management today increased its equity commitment to WHP Global, a New York-based brand acquisition and management firm.
The additional $150 million investment follows on Oaktree’s initial $200 million commitment made previously. Oaktree manages $125 billion in alternative investment assets worldwide.
“We increased our commitment to WHP because we believe the company is strongly positioned to take advantage of attractive acquisition opportunities in the market," said Thomas Casarella, managing director at Oaktree and a founding member of the WHP board of directors. "We look forward to continuing our partnership with Yehuda and . . .
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