Oaktree Capital: Growing interest in shipping

Oaktree Capital's interest in shipping will grow. "We have a penchant for investments in capital intensive industries," Oaktree founder Howard Marks tells ShippingWatch.

Photo: Pressefoto

The private equity funds' interest in shipping investments seems a long way from peaking, and to one of the biggest funds, American Oaktree Capital, shipping will likely take up more space in the portfolio in the years to come, says Howard Marks, founder of Oaktree Capital.

"I think we'll see a growing interest in shipping. We have a penchant for investments in capital intensive industries when capital is scarce. Shipping belongs to this category and there's nothing strange about that," Howard Marks told ShippingWatch after a meeting Wednesday, where he was keynote speaker at the annual meeting of DVCA, Danish Venture Capital and Private Equity Association.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Further reading

Related articles

Latest news

See all jobs