Oaktree Capital buys Singapore-based Pangaea

SINGAPORE (Dow Jones) -- Los Angeles-based investment firm Oaktree Capital Management said Monday it will buy Singapore-based Pangaea Capital Management to lead its real estate efforts in Asia.

Financial terms of the deal, which is expected to close by the end of the month, weren't disclosed.

WSJ Logo
JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions