Oaktree Capital (OAK) has acquired a 7.23% stake in recently-emerged-from-Chapter 11 Dynegy...

|About: Oaktree Capital Group (OAK)|By:, SA News Editor

Oaktree Capital (OAK) has acquired a 7.23% stake in recently-emerged-from-Chapter 11 Dynegy (DYNIQ.PK). The house of Howard Marks is one of the largest debt holders of the energy company, which last week reported a loss of $41M for Q3 (less than a pre-bankruptcy loss of $129M a year ago).