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Oaktree head of US convertibles strategy to retire

Jan 19, 2015 - SNL Financial
Board and Executive Moves

Oaktree Capital Group LLC said Jan. 15 that Larry Keele is retiring from the company effective June 30 to pursue his personal interests full time.

Keele is head of the firm's U.S. convertibles strategy. Effective immediately, Stu Spangler, a managing director who has been a member of Oaktree's convertibles team since 1997 and backup portfolio manager since 2011, will serve as co-portfolio manager of the U.S. convertibles strategy alongside Keele through June 30. Spangler will assume full p...