Oaktree Valuation Less Than Sought at $380 Million

Oaktree Valuation Less Than Sought at $380 Million Play

April 12 (Bloomberg) -- Bloomberg's Erik Schatzker, Stephanie Ruhle and Sara Eisen report that Oaktree Capital Group LLC, the world’s largest distressed-debt investor, raised $380.2 million in an initial public offering, the company said, after bringing in about 27 percent less than the firm originally sought. The valuation could impact the Carlyle Group IPO expected later this year. They speak on Bloomberg Television's "Inside Track."

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