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Oaktree urges lenders of DHFL to treat its bid fairly Oaktree, the highest bidder for DHFL, also expressed concerns over an opaque resolution process. Reuters 2 min read Share Via Read Full Story Oaktree Capital, which is in a tight race to acquire Dewan Housing Finance Limited ( DHFL) has written to the lenders of the mortgage financier urging fair treatment in the evaluation process of its bid. In a letter to DHFL’s Committee of creditors ( CoC), a copy of which was reviewed by Mint, Oaktree cautioned the creditors against being discriminated against due to its foreign credentials. US headquartered Oaktree which manages over $120 billion in alternative investment funds alleged that it has been subjected to a systematic campaign by vested interest groups to undermine its bid to acquire DHFL which has received competing bids from Piramal Capital and Adani Group. A fourth bidder SC Lowy, a Hong Kong headquartered stressed assets investor backed out of the race recently alleging

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