Oaktree to acquire an 82% stake in Castello from ISA.

Oaktree Capital, a private equity firm, agreed to acquire an 82% stake in Castello, an Italian alternative fund manager focused on real estate, from ISA, a private equity investment and holding firm. Financial terms were not disclosed. “The strong financial resources and professionalism of our two shareholders will allow us to have an international reach and further expand our activities in Italy,” Giampiero Schiavo, Castello CEO.