Oaktree Capital Group, has opened an office in Sydney, Australia. Byron Beath, Managing Director, will lead investment activities in the region.
Beath joined Oaktree in 2016 to focus on investment opportunities for the Global Principal Group in Australia and New Zealand, a region in which he has extensive experience. Prior to Oaktree, Beath spent fifteen years with Macquarie Bank Limited, where he was most recently a director in the Corporate and Asset Finance division.
Matt Wilson, Managing Director and Co-Portfolio Manager of Oaktree’s Global Principal Group says: “Oaktree has strong relationships and a long history of investing in Australia and New Zealand. Establishing an office in Sydney was the logical next step in increasing our exposure in the region. We are excited to have Byron on board to lead our efforts and are proud to formalise our presence here.”
Beath adds: “Opening an office in Sydney will better enable Oaktree to create and seize investment opportunities across Australia and New Zealand. A local presence, coupled with Oaktree’s extensive global network and deep knowledge across industries, ideally positions us to capitalize on the growing number of opportunities within the region.”
Having first established its presence in the Asia Pacific region in 1998, Oaktree continues to expand its footprint across the region, with the Sydney location adding to its offices in Beijing, Hong Kong, Seoul, Singapore, Shanghai, and Tokyo.
