Energy News Beat
Oaktree Capital Management is cashing out of shipmanagement giant OSM Thome, with investors linked to JP Morgan Asset Management’s Global Transportation Group coming onboard in its place.
OSM Thome’s founding shareholders, OSM Maritime Partners and Skagerak Holding will continue as shareholders, resulting in what the shipmanager described as a “long-term ownership constellation that ensures both continuity and growth”.
In 2018, Oaktree invested in OSM Maritime Group, which following the merger with Thome in 2023 became OSM Thome.
“We are very excited to be teaming up with an innovative and visionary team that brings a unique set of skills and insights that has made OSM Thome what it is today,” said Andrian Dacy, global head of transportation at JP Morgan Asset Management.
Financial details of the deal, which has still to pass regulatory approval, have not been revealed.
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