Announced

Oaktree Capital Management to invest $200m in WHP Global.

Synopsis

Oaktree Capital Management, an investment company has agreed to invest $200m in WHP Global, an investment company. WHP was founded to acquire and manage multiple global consumer brands, leveraging a shared platform to unlock competitive advantages at scale and fuel growth for each distinctive brand in its portfolio. “The seismic changes in the retail industry have created a unique opportunity for us to form a fresh platform. Together with the strength of Oaktree, we have the pipeline, team and capital to leverage this opportunity and scale.” Yehuda Shmidman, WHP Chairman and CEO.

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