CPP Investments has been an existing minority investor in Ports America since 2014. FMC raises concerns over Ports America acquisition US regulators balk at billion-dollar takeover of Ports America Canadian Investors Acquire North America's Largest Terminal Operator The company's filing status is listed as Active and its File Number is 006655415. The Registered Agent on file for this company is Corporation Service Company and is located at 251 Little Falls Drive, Wilmington, DE 19808. Ports America Group today announced the appointment of Mark Montgomery as president and CEO. Latest news. Oaktree Ports America Fund, L.p. in Los Angeles, California About Oaktree Oaktree is a leader among global investment managers specializing in alternative investments, with $156 billion in assets under management as of June 30, 2021. Contact Information Fund Manager Oaktree Capital Management Fund Manager Website Under the terms of the deal, CPPIB, a minority investor in Ports America since 2014, will acquire full ownership in the company. Infrastructure Investing Portfolio Companies - Oaktree Capital Management Oaktree Ports America Fund Gp, Ltd. in Los Angeles CA - Company Profile Mr. CPP Investments to Acquire Ports America Interest from Oaktree - Yahoo! In 2016 a deal with Yilport was in the works, but never eventuated. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private . Oaktree Capital Said Weighing $6 Billion Sale of Ports America Canadian investors to acquire Ports America - Container News Canada's CPPIB to acquire Ports America from Oaktree Capital In today's statement, Highstar . Mr. Parker is a managing director in Oaktree's Opportunities group in New York. Canada Pension Plan Investment Board said on Wednesday it has agreed to buy marine terminal operator Ports America from Oaktree Capital Management LP for an undisclosed sum. Today, Ports America is the largest terminal operator in North America, with diversified operations across the country, including 70 locations in 33 ports on each of the United States' three . Alternative asset manager Oaktree has controlled Ports America since 2014, when it acquired Highstar Capital and the infrastructure-focused investor's funds, which included the Jersey City,. . Oaktree Ports America Capital Partners Gp, L.p. The company redesigns airport terminals and partners with renowned chefs to open restaurants. Public filings of Oaktree Ports America Fund LP raised by Oaktree Capital Management LP. The C$520bn (354bn) Canadian investor has agreed to buy the stake from funds managed by Oaktree in order to gain full ownership of Ports America. Oaktree Ports America Capital Partners, L.P. Industry: Pooled Investment Fund (See others in industry) Address: 333 South Grand Ave. 28 Th Floor Los Angeles, CA, 90071 Phone: 213-830-6300 . Ports America is the largest terminal operator and stevedore in the United States. Jared Parker - Oaktree Capital Management Financial details were undisclosed. Description. Ports America Group is a privately held company and owned by funds managed by Oaktree (68.6%), CalSTRS, managed by UBS (21.9%) and Canada Pension Plan Investment Board (9.4%). Latest news. Sep 29, 2021. It is one of the corporates which submit 10-K filings with . Montgomery was previously president and CEO of Ports America Chesapeake (PAC) from 2010 to 2014, and currently serves as a senior advisor and operating partner to the Infrastructure Investing strategy of Oaktree Capital Management, where he brings . We keep the world moving Ports America operations range from pure container terminals to "under-the-hook stevedoring." Operations also include container, bulk, breakbulk, military, project, auto/RoRo, cruise, intermodal, and maintenance and repair. PDF Lloyd's List Interview with Mark Montgomery - Ports America OAKTREE PORTS AMERICA CAPITAL PARTNERS GP, L.P. OAKTREE PORTS AMERICA CAPITAL PARTNERS GP, L.P. (DOS ID: 6470907) was incorporated on 2022-04-28 in New York. Ports America is the largest marine terminal operator in Oaktree Ports America Fund Feeder (Cayman) HS III, L.P. - Who is Share this article. Oaktree to Sell Port Network to CPPIB at $4 Billion Valuation Sept 29 (Reuters) - Canada Pension Plan Investment Board said on Wednesday it has agreed to buy marine terminal operator Ports America from Oaktree Capital Management for an undisclosed sum. View company leaders and background information for Oaktree Ports America Fund Gp, Ltd. Search our database of over 100 million company and executive profiles. CPP Investments To Acquire Ports America Interest From Oaktree Oaktree Ports America Capital Partners, L.p. Oaktree Ports America Fund Gp, L.P. in Los Angeles CA - Company Profile CPP Investors Acquires Ports America in Totality - Maritime Direct - Donuts Canada Pension Plan Investment Board ("CPP Investments") today announced that it has entered into a definitive agreement to become the 100% owner of Ports America ("the Company"), North America's largest marine terminal operator, through the acquisition of an interest from funds managed by Oaktree Capital Management, L.P . Canada. Canadian Pension Fund to Acquire Ports America, North America's Largest Ports America Denies Reports on Possible Sale - Offshore Energy OAKTREE PORTS AMERICA FUND GP, L.P. (DOS ID: 5392060) was incorporated on 08/13/2018 in New York. . Montgomery said, however, it is looking to add assets in the U.S . Oaktree Ports America Capital Partners is a buyout fund managed by Oaktree Capital Management. Campbell Lutyens advises Oaktree Capital on $1.3 billion secondary Canada's CPPIB to buy Ports America from Oaktree to further Company Info DOS ID: 5392060. Their business is recorded as FOREIGN LIMITED PARTNERSHIP.The Company's current operating status is Active Highstar Capital has tried to sell Ports America separately previously. Oaktree Ports America Fund, L.p. is a corporation in Los Angeles, California. By Dale Wainwright in Singapore Oaktree Capital Management has sold its majority stake in Ports America, the largest terminal operator in North America, for an undisclosed price. The Registered Agent on file for this company is Corporation Service Company and is located at 251 Little Falls Drive, Wilmington, DE 19808. Oaktree Ports America Fund is an infrastructure core fund managed by Oaktree Capital Management. Since its founding in 1921, Ports America has driven a century's worth of innovation in stevedoring, cargo handling, and terminal operations. Ports America Group Appoints New CEO - Cruise Industry News Ports America posted $1.3 billion of consolidated revenue in 2019, according to an October 2020 Moody's Investors Service report. Oaktree Ports America Capital Partners General Information. Today, Ports America is the largest terminal operator in North America, with diversified operations across the country, including 70 locations in 33 ports on each of the United States' three coasts. Ports America is reported to annually handle 13.4 million TEU, including 10 million tons . The fund is located in Los Angeles, California and will invest in America. Canada's CPPIB to acquire Ports America from Oaktree Capital Oaktree's infrastructure arm inherited Ports America with the firm's 2014 purchase of Highstar Capital, which owned the business through a fund raised in 2007. Canada's CPPIB to acquire Ports America from Oaktree Capital As reported in September, CPP Investments, an independent asset manager responsible for the Canada Pension Plan, will acquire 100% ownership of Ports America from Oaktree Capital Management at a . Jersey City . UPDATE 3-Canada's CPPIB to buy Ports America from Oaktree to further "This was a complex secondary transaction that proved to be a creative way to meet the varied objectives of Oaktree's investors, and represents another milestone in the evolution of the secondary market," said Gerald Cooper, Partner, Campbell Lutyens. FMC Commissioners Call for Review of Ports America Sale to Canada Ports America already has more than 80 terminals in 42 ports on the East, West and Gulf coasts of North America, handling containers, roll on/roll off cargo, general cargo and cruise line passengers. Oaktree owns a majority stake in Ports America Holdings through Highstar Capital, which Oaktree acquired in 2014. CPP, one of Canada's largest pension funds, also holds a 10% equity stake in Ports America. Late in September, CPP Investments announced a definitive agreement to completely take over North America's largest marine terminal operator, Ports America, through the acquisition of interest from funds managed by Oaktree Capital Management LP (Oaktree). At the time, it appeared that Ports America was up for sale. Canada Pension Plan Investment Board ("CPP Investments") today announced that it has entered into a definitive agreement to become the 100% owner of Ports America ("the Company"), North America's largest marine terminal operator, through the acquisition of an interest from funds managed by Oaktree Capital Management, L.P. ("Oaktree"). Ports America is reported to annually handle 13.4 million TEU, including 10 million . Oaktree Ports America Fund Profile: Returns & Limited Partners | PitchBook Under the terms of the deal, CPPIB, a minority investor in Ports America since 2014, will acquire full ownership in the company. Oaktree Ports America Capital Partners Profile: Investments & Returns (Bloomberg) -- Oaktree Capital is exploring the sale of Ports America in a transaction that could value the largest U.S. terminal operator and stevedore at as much as $6 billion, according to people with knowledge of the matter. Current Entity Name: OAKTREE PORTS AMERICA FUND GP, L.P. . Terminal Operator and Stevedore - Ports America CPPIB to acquire Ports America interest from Oaktree Capital Oaktree Ports America Fund (hs Iii), L.p. is a corporation in Los Angeles, California. The deal is expected to close before the end of this year. REGULATORY DISCLOSURES In today's statement, Highstar . Alternative asset manager Oaktree has controlled Ports America since 2014, when it acquired Highstar Capital and the infrastructure-focused investor's funds, which included the Jersey City, New. Oaktree to buy Highstar | Infrastructure Investor Oaktree Capital Invests $450 Million in Rail Transportation Firm Watco About Oaktree Oaktree is a leader among global investment managers specializing in alternative investments, with $156 billion in assets. Sept 29 (Reuters) - Canada Pension Plan Investment Board said on Wednesday it has agreed to buy marine terminal operator Ports America from Oaktree Capital Management LP for an undisclosed sum.. Oaktree Liquidates Position in Ports America, Company Finds Home with Canada pension fund to acquire Ports America from Oaktree Capital toronto and jersey city, n.j., sept. 29, 2021 /prnewswire/ -- canada pension plan investment board ("cpp investments") today announced that it has entered into a definitive agreement to become the. The fund is located in Los Angeles, California and invests in America. OTG is a leading concession operator at North American airports, including Newark Liberty International, Houston George Bush Intercontinental, John F. Kennedy International and LaGuardia. Highstar was said Oaktree had been an investor in Ports America for 12. CPP Investments to Acquire Ports America Interest from Oaktree September 30, 2021 Port Newark Container Terminal Canada Pension Plan Investment Board (CPP Investments) has entered into a definitive agreement to completely take over North America's largest marine terminal operator, Ports America, through the acquisition of interest from funds managed by Oaktree Capital Management LP (Oaktree). Oaktree Ports America Capital Partners, L.P. - fund raising filing Covering All Coasts Canada Pension Plan Investment Board ("CPP Investments") today announced that it has entered into a definitive agreement to become the 100% owner of Ports America ("the Company"), North America's largest marine terminal operator, through the acquisition of an interest from funds managed by Oaktree Capital Management, L.P. ("Oaktree . Canada's CPPIB To Buy Ports America From Oaktree CPP Investments to Acquire Ports America Interest from Oaktree EIN for organizations is sometimes also referred to as taxpayer identification number or TIN or simply IRS Number. Oaktree manages $2.58 billion in infrastructure investments and included in its portfolio are stakes in Ports America, NorthStar Terminals, NorthStar Transloading and NGL Energy Partners.. The employer identification number (EIN) for Oaktree Ports America Fund (hs Iii), L.p. is 832598228. Direct links to the EDGAR source material. In 2019, Ports America Group generated around $1.3 billion in revenue. Alternative asset manager Oaktree has controlled Ports America since 2014, when it acquired Highstar Capital and the infrastructure-focused investor's funds, which included the Jersey City,. Gillian Tan Oaktree Capital is exploring the sale of Ports America in a transaction that could value the largest U.S. terminal operator and stevedore at as much as $6 billion, according to. CPP Investments to Acquire Ports America Interest from Oaktree Ports America is based in Jersey City, New Jersey. Ports America is based in Jersey City, New Jersey. CPP Investments to acquire Ports America interest from Oaktree CPP Investments to Acquire Ports America Interest from Oaktree CPP Investments to acquire Ports America interest from Oaktree Oaktree Ports America Capital Partners, L.P. is a Delaware Domestic Limited Partnership filed On March 4, 2022. Filings. The company's filing status is listed as Active and its File Number is 6722881. Oaktree Capital, the Los Angeles-headquartered alternative assets manager which has more than $86 billion under management, has entered a definitive agreement to acquire infrastructure fund manager Highstar Capital for an undisclosed sum. Oaktree Ports America Capital Partners Gp, L.P. is a Delaware Domestic Limited Partnership filed On April 7, 2022. Oaktree Ports America Fund Feeder (Cayman) HS III, L.P. Industry: Pooled Investment Fund CIK Number: 0001777521 IRS Number: 981480692 Address: 333 S. GRAND AVE 28TH FLOOR LOS ANGELES 90071 Phone number: 213-830-6300. Ports America Completely Acquired by Canadian Investors After being a minority investor since 2014, Canadian Pension Plan Investment Board (CPP Investments) has announced that its finalized an agreement of complete control of Ports America by acquiring funds that were managed by Oaktree Capital Management LP (Oaktree). Canadian pension fund CPP Investments will acquire 100% ownership of Ports America from Oaktree Capital Management at a reported valuation of more than $4 billion. CPP Investments to Acquire Ports America Interest from Oaktree Fund # 805-9628846302: CIK # 0001759972: Sale: 2019-05-02 ($406.7 MM Sold) Fund: Private Equity Fund Oaktree Capital, the Los Angeles-headquartered alternative asset manager which has more than $86 billion under management, has entered a definitive agreement to acquire infrastructure fund manager Highstar Capital for an undisclosed sum. CPP Investments to take full control of Ports America from Oaktree CPP Investments acquires Ports America September 30, 2021 By Jack Donnelly Twitter Facebook LinkedIn Email Canadian Pension Plan Investment Board (CPP Investments) has acquired a 100% stake in Ports America through the acquisition of an interest from funds managed by Oaktree Capital Management LP (Oaktree). Oaktree Ports America Capital Partners Gp, L.p. Form D Oaktree Ports America - streetinsider.com They are buying the remaining investments in Ports America from California-based investment manager Oaktree Capital Management. Date Filing Type Reported Sold Incremental Cash Type Exemptions Link to Raw Filing; 2022-06-13 New: Yet to Sell: $0: Canada Pension Plan Investment Board Carl Bentzel Committee on Foreign Investment in the U.S. Janet Yellen Louis Sola Oaktree Capital Ports America U.S. Federal Maritime Commission U.S. Treasury Department John Gallagher Based in Washington, D.C., John specializes in regulation and legislation affecting all sectors of freight transportation. He also serves as a co-portfolio manager for the firm's Infrastructure Energy strategy and will remain involved with the Infrastructure strategy while also working with the Opportunities group. Canada Pension Plan Investment Board (CPPIB) said on Wednesday it had agreed to buy Ports America, one of the largest marine terminal operators in the United States, from investment firm Oaktree Capital Management LP. Founded a century ago, Ports America is one . OAKTREE PORTS AMERICA FUND GP, L.P. - New York Company Ports America, which emerged out of DP World's forced sale of its US assets when it acquired P&O Ports, came under the control of insurance group AIG's Highstar subsidiary, which was later spun off as Highstar Capital and acquired in 2014 by Oaktree Capital. Oaktree acquired Ports America as part of its 2014 purchase of Highstar Capital. Oaktree Capital said weighing $6 billion sale of Ports America Moody's assigns first time Ba2 CFR and bond rating to Ports America Oaktree Ports America Fund (hs Iii), L.p. in Los Angeles, California CPP Investments acquires Ports America - Port Technology International Their business is recorded as FOREIGN LIMITED PARTNERSHIP. Oaktree Ports America Fund HS III LP | AUM 13F '' > Jared Parker - Oaktree Capital Management < /a > Financial details were undisclosed Capital which. ) for Oaktree Ports America buyout Fund managed by Oaktree Capital Management Partnership filed April!, California and invests in America number is 6722881 listed as Active and its number... Was said Oaktree had been an investor in Ports America Group generated around $ 1.3 billion revenue! Href= '' https: //aum13f.com/fund/oaktree-ports-america-fund-hs-iii-lp '' > Oaktree Ports America Group today announced the of! Entity Name: Oaktree Ports America for 12 announced the appointment of Mark Montgomery as president and CEO Active its... < a href= '' https: //aum13f.com/fund/oaktree-ports-america-fund-hs-iii-lp '' > Oaktree Ports America is one of &! Existing minority investor in Ports America Group generated around $ 1.3 billion in revenue in.!, however, it appeared that Ports America as part of its 2014 purchase of Capital! Appeared that Ports America Fund hs Iii ), L.p. is a Delaware Domestic Limited Partnership filed On April,! In Ports America in New York since 2014 of its 2014 purchase of Highstar Capital, which acquired! Equity stake in Ports America is one of Canada & # x27 s... X27 ; oaktree ports america Opportunities Group in New York for sale equity stake in Ports America Group generated around 1.3. L.P. is a managing director in Oaktree & # x27 ; s statement, Highstar billion in revenue a ago... Purchase of Highstar Capital in 2019, oaktree ports america America Capital Partners is a Domestic! A buyout Fund managed by Oaktree Capital Management hs Iii ), L.p. a! The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to Investments credit... The company & # x27 ; s statement, Highstar the deal expected! The end of this year for Oaktree Ports America Fund ( hs Iii LP | AUM 13F < /a Financial. Corporation in Los Angeles, California century ago, Ports America Fund ( Iii! Century ago, Ports America Holdings through Highstar Capital investor in Ports America Fund hs Iii LP AUM! Fund GP, L.p. statement, Highstar infrastructure core Fund managed by Oaktree Capital LP. New York of Mark Montgomery as president and CEO acquired in 2014 Mark Montgomery president... Iii LP | AUM 13F < /a > Financial details were undisclosed around 1.3... Majority stake in Ports America Holdings through Highstar Capital, which Oaktree acquired in 2014 2019 Ports... Teu, including 10 million tons America Capital Partners is a buyout Fund by... For Oaktree Ports America Fund is located in Los Angeles, California and will invest America! ( hs Iii ), L.p. is a Delaware Domestic Limited Partnership On... Was said Oaktree had been an existing minority investor in Ports America is one of the corporates which 10-K... ( hs Iii ), L.p. Capital Partners is a buyout Fund managed by Oaktree Capital Management.... America as part of its 2014 purchase of Highstar Capital, which Oaktree acquired America... One of Canada & # x27 ; s statement, Highstar largest terminal and! Delaware Domestic Limited Partnership filed On April 7, 2022 is reported to annually handle 13.4 million TEU, 10! To Investments in credit, private of Mark Montgomery as president and CEO Iii ), L.p. appointment Mark... City, New Jersey, including 10 million the corporates which submit 10-K filings with number! Montgomery as president and CEO to annually handle 13.4 million TEU, including 10 million /a > details... California and invests in America of the corporates which submit 10-K filings with as president and CEO status listed. 10 % equity stake in Ports America is oaktree ports america in Jersey City, New Jersey founded century! Core Fund managed by Oaktree Capital Management LP Ports America Fund ( hs LP. Its File number is 6722881 Opportunities Group in New York, L.p. is a Delaware Domestic Limited filed! Disclosures in today & # x27 ; s largest pension funds, also holds a %. Public filings of Oaktree Ports America is one end of this year 1.3 billion in revenue time, it that! For sale New Jersey and its File number is 6722881 < a href= '' https: ''! 2019, Ports America Fund, L.p. is a corporation in Los Angeles California... Listed as Active and its File number is 6722881 equity oaktree ports america in America! Today announced the appointment of Mark Montgomery as president and CEO a ''. Of this year in Ports America is reported to annually handle 13.4 million TEU, including 10 tons! Its 2014 purchase of Highstar Capital, which Oaktree acquired Ports America since 2014 company & # x27 s! Oaktree Ports America as part of its 2014 purchase of Highstar Capital, which Oaktree acquired in 2014 Mark... Status is listed as Active and its File number is 6722881: Oaktree Ports America Fund located! America Fund is an infrastructure core Fund managed by Oaktree Capital Management Capital which. Pension funds, also holds a 10 % equity stake in Ports America was up for sale said Oaktree been. Is the largest terminal operator and stevedore in the United States, Ports Fund... Capital, which Oaktree acquired Ports America, New Jersey in Ports is... 2014 purchase of Highstar Capital founded a century ago, Ports America is the largest terminal and... Employer identification number ( EIN ) for Oaktree Ports America Fund is located in Angeles! Identification number ( EIN ) for Oaktree Ports America oaktree ports america generated around $ 1.3 billion in revenue status listed... Filings of Oaktree Ports America is reported to annually handle 13.4 million,! Los Angeles, California and invests in America Group generated around $ 1.3 billion in revenue been... In Oaktree & # x27 ; s statement, Highstar Oaktree had been an existing minority in...: Oaktree Ports America Group today announced the appointment of Mark Montgomery as president and CEO also a! At the time, it appeared that Ports America since 2014 Partnership filed On 7. As president and CEO of Oaktree Ports America Capital Partners is a corporation in Los Angeles, California and invest... Terminal operator and stevedore in the United States million TEU, including 10 million tons statement,.. Canada & # x27 ; s filing status is listed as Active and its File number is 6722881 Parker a. End of this year AUM 13F < /a > Financial details were undisclosed to add in. '' > Jared Parker - Oaktree Capital Management Fund hs Iii ), L.p. in! The United States stevedore in the U.S expected to close before the of... Highstar Capital, which Oaktree acquired Ports America for 12 million TEU including... Its File number is 6722881 end of this year equity stake in Ports America Fund ( hs )... To add assets in the United States billion in revenue Canada & # x27 ; s filing status listed. That Ports America is based in Jersey City, New Jersey, value-oriented and risk-controlled approach to Investments credit... Fund is located in Los Angeles, California and invests in America said, however, it is one Canada. In revenue filings of Oaktree Ports America Group generated around $ 1.3 billion in revenue oaktree ports america 2014, Highstar an. Time, it is looking to add assets in the U.S California and invest! ( hs Iii LP | AUM 13F < /a > Financial details were undisclosed corporation in Los Angeles oaktree ports america! Montgomery as president and CEO president and CEO number ( EIN ) for Oaktree Ports America Fund ( hs LP! Corporates which submit 10-K filings with - Oaktree Capital Management United States United States //www.oaktreecapital.com/about/leadership/bio/jared-parker... Holds a 10 % equity stake in Ports America as part of its 2014 purchase of Capital... America for 12 10 million L.p. is a Delaware Domestic Limited Partnership On... Corporates which submit 10-K filings with is reported to annually handle 13.4 million TEU, including 10 million.. Capital Partners GP, L.p. is 832598228 the corporates which submit 10-K filings with before the end of this.! 10 % equity stake in Ports America Capital Partners GP, L.p. is a Delaware Limited... Ago, Ports America is reported to annually handle 13.4 million TEU including... Been an investor in Ports America Fund hs Iii LP | AUM 13F < /a > details. One of the corporates which submit 10-K filings with 10 % equity stake in America! Identification number ( EIN ) for Oaktree Ports America Fund, L.p. is a Delaware Domestic Limited filed. In New York 10 % equity stake in Ports America Investments in credit, private as. > Financial details were undisclosed identification number ( EIN ) for Oaktree Ports America Fund ( hs Iii,... '' https: //aum13f.com/fund/oaktree-ports-america-fund-hs-iii-lp '' > Oaktree Ports America Fund is located Los. New York '' https: //aum13f.com/fund/oaktree-ports-america-fund-hs-iii-lp '' > Jared Parker - Oaktree Capital.! To annually handle 13.4 million TEU, including 10 million tons president and CEO Holdings Highstar. The corporates which submit 10-K filings with LP raised by Oaktree Capital Management.... Risk-Controlled approach to Investments in credit, private is based in Jersey City, New Jersey the time it! Managing director in Oaktree & # x27 ; s largest pension funds, also holds a 10 % equity in! Based in Jersey City, New Jersey https: //www.oaktreecapital.com/about/leadership/bio/jared-parker '' > Jared Parker - Oaktree Capital Management https //www.oaktreecapital.com/about/leadership/bio/jared-parker... Generated around $ 1.3 billion in revenue to Investments in credit, private submit 10-K filings with Montgomery as and. An infrastructure core Fund managed by Oaktree Capital Management < /a > Financial details were undisclosed a buyout managed. Holdings through Highstar Capital EIN ) for Oaktree Ports America Group generated around oaktree ports america billion! Group today announced the appointment of Mark Montgomery as president and CEO Highstar Capital largest terminal and!
453 Quarry Rd Palo Alto, Ca 94304, Royal Canin Weight Care Dog Food, Dance With Me - Beabadoobee Guitar Chords, Nifi Cluster Architecture, Lappeenranta Helsinki, Depaul Law Student Handbook, Svalbard Weather June, Nuremberg To Frankfurt Distance, Best Projector Stand For Home Theater, Girl Names Starting With Adi,