Oaktree Capital, the seasoned shipping industry player has reported last week that it had purchased 4,900,000 shares of Eagle Bulk through a number of its’ controlled funds. The purchase equates to 7.8% of Eagle shares. The investment is just one of several the group has made in shipping, the most notable perhaps being its close and profitable relationship with Peter Georgiopoulos and General Maritime.
This is only an excerpt of Eagle Bulk Gets its’ Own Knowledgeable Investor
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Tags: · General Maritime, Oaktree Capital, Peter Georgiopoulos
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