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Synopsis
Oaktree Capital Management, a global investment firm emphasizing a value-oriented and risk-controlled approach to deliver superior returns, completed an investment in Apollo Group, a full-service hospitality management company specializing in logistics and supply chain solutions, particularly for the cruise industry. Financial terms are not disclosed. "As we explored potential investment partners, Oaktree stood out because of its hands-on approach and storied history of successful investing in F&B and hospitality management companies. Oaktree’s significant capital resources and experience in hospitality management will be critical to achieving Apollo’s strategic growth plan,” Jose Ramon Barrera, Apollo CEO.
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