Q: So I am reading an article in The Economist on business development companies ( BDC ) and private credit companies in general which states that “Oaktree allowed 8.5 % of one of its ( BDC ) funds to leave PAYING SOME OF THEM WITH CASH FROM BROOKFIELD ( my caps).
Now BN is always telling us how stable , thoughtful and careful they are with our money and Oaktree and Mr. Marks tells us how so risk adverse they are , but I am ( BN shareholder ) beginning to wonder.
Would you analyze the situation and tell us how much of a problem this could be for BN.
Thanks. Derek.
Now BN is always telling us how stable , thoughtful and careful they are with our money and Oaktree and Mr. Marks tells us how so risk adverse they are , but I am ( BN shareholder ) beginning to wonder.
Would you analyze the situation and tell us how much of a problem this could be for BN.
Thanks. Derek.
5i Research Answer:
BN is well diversified across their investments. Of the $12 bln in direct investments, Oaktree...