Oaktree Capital to invest in World Star Aviation.

Private equity firm Oaktree Capital agreed to invest in World Star Aviation, an aircraft and engine ownership and servicing company. Financial terms were not disclosed. "Owners and purchasers of aviation assets are in need of flexible and tailored financing solutions in the current, challenging environment. With significant underwriting and structuring expertise, we are demonstrably well-positioned to partner with airlines, investors and other aircraft owners to deliver these solutions in a way that aligns with our investment mandate," Marc Iarchy, World Star Partner.