Mirae buys Fairmont San Francisco Hotel for $450 mln

By Iris Dorbian — 2 months ago

Mirae Asset Global Investments has acquired the Fairmont San Francisco Hotel for $450 million. The sellers included Oaktree Capital Management, Kingdom Holding Company and Woodridge Capital Partners. The hotel opened in 1907 and has 592 guest rooms and suites and over 55,000 square feet of conference and function space.

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Makena Capital Management taps Clayton as vice chair and former ambassador Burns for board

By Iris Dorbian — 5 months ago

Makena Capital Management has named Kevin Clayton as vice chairman. Clayton, who is a former principal at Oaktree Capital Management LP, will also join Makena’s board of directors. Also, Makena has added now retired U.S. foreign diplomat William Burns to the board of directors and named him a special advisor. Burns is the president of the Carnegie Endowment for International Peace. He has also served as Deputy Secretary of State under John Kerry and Hillary Clinton and was U.S. Ambassador to Jordan under President Bill Clinton and U.S. Ambassador to Russia under President George W. Bush.

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Blackstone acquires 16 UK logistics assets

By Iris Dorbian — 10 months ago

Blackstone Real Estate Partners Europe IV has acquired 16 UK-based logistics assets from a joint venture between Oaktree Capital Management LP and Anglesea Capital. The acquisition is for Blackstone’s European logistics company Logicor. No financial terms were disclosed.

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Oaktree invests in Hartree Partners

By Iris Dorbian — 12 months ago

Oaktree Capital Management LP has acquired Hess Corp‘s stake in HETCO, a marketer and trader of energy commoditiesNo financial terms were disclosed. As a result of the transaction, HETCO will change its name to Hartree Partners LP.

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PE-backed AdvancePierre Foods to acquire Landshire operations

By Iris Dorbian — 1 year ago

AdvancePierre Foods, which is backed by Oaktree Capital, has agreed to buy the wholesale and manufacturing operations of Landshire Inc, an Illinois-based sandwich products maker. No financial terms were disclosed for the transaction that is expected to be completed during the first quarter of this year.

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Aqua Capital acquires and merges Comfrio and Stock Tech

By Iris Dorbian — 1 year ago

Comfrio Soluções Logísticas and Stock Tech Logística, both of which are owned by Aqua Capital, have merged to become a cold storage business in Brazil. No financial terms were disclosed. The transaction was made after Aqua bought the remaining equity of Comfrio, which it had previously co-owned as well as 100 percent of Stock Tech. Also, AGRO Merchants Group, which is backed by Oaktree Capital, has acquired a stake in the combined company and been added to its board of directors.

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Oaktree Capital’s Townsquare Media updates IPO terms

By Iris Dorbian — 2 years ago

According to an updated SEC filing, Townsquare Media, a portfolio company of Oaktree Capital Management, will sell 8.3 million shares of its IPO at a price between $14 and $16 per share. The company is planning on listing the stock on the NYSE under the ticker symbol “TSQ.” BofA Merrill Lynch, Jefferies and RBC Capital Markets will serve as the lead underwriters. Based in Greenwich, CT, Townsquare Media is a radio station operator.

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