Page 2 - Jay Wintrob News Today

Oaktree has purchased a retail condo at 90 Greene Street for $33.6 million, public records show

Jerilyn Castillo McAniff was tapped to lead diversity and inclusion efforts within Oaktree Capital Management's U.S. high yield bond group.

Eli Broad was an unreasonable boss. People loved working for him Laurence Darmiento © Provided by The LA Times Those who worked for Eli Broad at his home-building and financial services companies say he was a tough boss but one whose demanding approach benefited them in their careers. (Los Angeles Times) Soon after a young Bruce Karatz joined Kaufman & Broad in 1972, he was called up to the office of Chief Executive Eli Broad and told to scout out a property the home builder ...

Print Soon after a young Bruce Karatz joined Kaufman & Broad in 1972, he was called up to the office of Chief Executive Eli Broad and told to scout out a property the home builder was considering buying in Riverside. Karatz submitted his report, but when he didn’t hear back he inquired if Broad had read it. The response? “Is this the best you can do?” Karatz worked on it some more but was met with the same question. Finally, after being asked again on the third try if this was the best...

What Would Happen If ETF Holders Sold All At Once? Tyler Durden: The realization that there is, as of this moment, at best negligible and very often zero liquidity in bonds (or even stocks) is known by most: a topic we first discussed back in the summer of 2013 (a good place to start is Phantom Markets: Why The TBAC Is Suddenly Very Worried About Market Liquidity) has become so pervasive that even the BIS admitted last week bond market liquidity has cratered, with some estimates suggesting th...

Oaktree Capital Management CEO Jay Wintrob and Ashford Trust CEO Rob Hays (iStock) The price is high, but one of the nation’s largest hotel investment trusts will live to be hospitable another day. Ashford Hospitality Trust secured a $350 million loan facility to see it through the pandemic, which has decimated the travel and leisure industry. It will pay 16 percent interest in the first two years and 14 percent in the third, plus exit fees that could bring the total payback cost to nearly $6...