Oaktree Capital Management is headed by Jay Wintrob, a former president and CEO of AIG Life and Retirement. Mumbai: Oaktree Capital Management LP, one of the largest special situations and distressed assets funds in the world, has hired former JPMorgan executive Gaurav Parasrampuria as vice-president to look into the Indian market, at least two people familiar with the development said. Parasrampuria, currently based in Singapore, was earlier vice president at JP Morgan, a New York-based multinational banking and financial services holding company. A spokesperson for Oaktree capital confirmed Parasrampuria’s appointment over email. Oaktree is headed by Jay Wintrob, a former president and CEO of AIG Life and Retirement.

Source: Mint August 06, 2017 20:27 UTC