Oaktree Capital Management News

Ilan Solomon rearranges lighting products Feb. 1 at House of Asia Imports' booth at the World Market Center.

Prince Abdulaziz ibn Abdullah ibn Abdulaziz al Saud has waited long enough to build his 60,000 square foot megacompound in Benedict Canyon, thankyouverymuch--the Saudi prince's development company is now suing the city of Los Angeles for holding up his permits, reports Reuters .

Oaktree Capital Management said it would invest $225 million in the ailing Diamond Foods Inc to help the company shore up its balance sheet, meet funding needs and support growth in its business.

Diamond Foods Inc said on Wednesday that Oaktree Capital Management will invest $225 million in the company to recapitalize its balance sheet.

A Saudi prince seeking to build a mansion complex at the end of a private lane in Benedict Canyon has asked the Los Angeles County Superior Court to order the city of Los Angeles to allow the project to move forward without environmental review.

Business was flat in the Las Vegas area for Cannery Casino Resorts LLC during the first quarter, and the company's loss increased.

A recent sale in New York's famed 740 Park Avenue apartment building marked the highest price ever paid for a co-op in the city's history.

Private equity firm Oaktree Capital Group , which went public last month, posted a quarterly profit as demand for its distressed debt funds pulled in more management fees.

That $200 million paid for San Francisco's Fairmont Hotel is just the beginning.

An affiliate of Oaktree Capital Management LP and real estate investor Michael Rosenfeld and his Woodridge Capital Partners LLC have finished their $200 million acquisition of the famous Fairmont San Francisco Hotel on Nob Hill.

Investment firm Oaktree Capital Management will acquire Osmose, which is headquartered on Ellicott Street in Buffalo.

Osmose Holdings, Inc., a diversified global manufacturer of wood preservation chemistry and technology and a specialty service provider to the utilities and railroad industries, announced that it has closed an agreement to be acquired by certain investment funds managed by Oaktree Capital Management, L.P. of Los Angeles, California.

Located in the Cascade Mountains, Suncadia is set along six miles of the Cle Elum River with 80% of the resort community designated as open space.

Capital & Regional and Oaktree Capital Management unconditionally exchanged contracts to buy the centre from Scottish Widows Investment Partnership and the deal is expected to be formally completed in the next few days.