Recently, it was announced that Oaktree Capital Management LP has made a strategic investment by securing a private loan of AUD 345 million (USD 214 million) to finance its newly acquired consulting firm, AZ Next Generation Advisory (AZ NGA). This move opens up new horizons for growth and development for AZ NGA in the Australian market.

Star Entertainment Group Ltd. $SGR.AX is facing significant financial challenges and is exploring options to address its liquidity issues. Alternative asset management firm Oaktree Capital Management $OAK-PB has proposed refinancing the Australian casino operator's debt amounting to $650 million. This offer could provide the necessary financial support, but its execution hinges on meeting several conditions.