Barros & Errázuriz advised Singular AGF in the sale of 20% to Oaktree International Holding LLC. Singular is an asset manager and placement agent based in Chile. This is the first corporate acquisition of Oaktree in Latin America.
Relevance of Oaktree and its first purchase in Latin America: “Oaktree is a leader in global investment management, specializing in alternative investments, with $ 119 billion in assets under management as of March 31, 2019. The firm emphasizes a basic investment approach in the opportunity, oriented to the value and to the control of risk in debt, private equity, real assets and actions. The firm has 950 employees and offices in 18 cities worldwide.”