Oaktree Capital Management’s agreement to take over a life insurer owned by Advantage Capital Holdings has collapsed, leaving the companies to discuss alternatives after regulators raised alarms over the business’s potential exposure to defunct investment firm 777 Partners.
Oaktree Capital Management’s agreement to take over a life insurer owned by Advantage Capital Holdings has collapsed, leaving the companies to discuss alternatives after regulators raised alarms over the business’s potential exposure to defunct investment firm 777 Partners.
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