Alpha Gen Capital
Alpha Gen Capital • 31 Comments
Mike Arnold • 10 Comments
Oct. 17, 2014, 10:29 AM
- Signature Group (OTCQX:SGGH +24.2%) agrees to acquire the recycling business of aluminum fabricating company Aleris Corp. for $525M in cash and stock.
- The unit is the world's largest independent recycler of aluminum, Signature says, adding that it believes the use of remelted aluminum will outpace consumption of primary aluminum for the next decade
- Aleris is owned by Oaktree Capital Management (OAK +0.9%).
Jun. 9, 2014, 9:08 AM
- Oaktree Capital (OAK) agrees to purchase Highstar Capital for undisclosed terms, with the deal expected to close in Q3, at which time Oaktree will become manager of the Highstar Fund IV with $2.3B in AUM.
Nov. 12, 2012, 9:28 AM
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).| Nov. 12, 2012, 9:28 AM