Wall Street investment firms have not had the most successful initial public offerings in recent years — and Oaktree Capital Group may be no exception.
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Thursday, April 12, 2012
Oaktree Capital Group raises less than planned in IPO
Los Angeles distressed-debt manager Oaktree Capital Group raises $380 million by selling 8.8 million shares at $43 each. The company will begin trading Thursday on the New York Stock Exchange.
Wall Street investment firms have not had the most successful initial public offerings in recent years — and Oaktree Capital Group may be no exception.
Wall Street investment firms have not had the most successful initial public offerings in recent years — and Oaktree Capital Group may be no exception.
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