INSUBCONTINENT EXCLUSIVE:
attracted global funds from Varde Partners to JC Flowers Co
A high-profile default by Reliance Communications Ltd
is also proving a litmus test for how foreign creditors get treated.
Oaktree, which has about $100 billion of assets under management,
Hong Kong, Singapore, Shanghai and Beijing
limited number of insolvency proceedings in India and feels optimistic about how those proceedings are going, said Wintrob
or so-called asset-reconstruction companies, he added.
The firm is looking to lend directly to companies in India and also invest in bad
loan portfolios, and is looking at sectors including energy and infrastructure, according to Wintrob
He declined to say whether Oaktree is looking at the dirty dozen.
