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. Oaktree Ports America Fund (HS III), L.P. Industry: Pooled Investment Fund CIK Number: 0001759972 IRS Number: 832598228 Address: C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVE, 28TH FLR LOS ANGELES 90071 Phone number: 213-830-6300. CPP Investments has been an existing minority investor in Ports America since 2014. . About Oaktree Oaktree is a leader among global investment managers specializing in alternative investments, with $156 billion in assets. CPP, one of Canada's largest pension funds, also holds a 10% equity stake in Ports America. Highstar Capital has tried to sell Ports America separately previously. OAKTREE PORTS AMERICA FUND GP, L.P. (DOS ID: 5392060) was incorporated on 08/13/2018 in New York. Oaktree Ports America Capital Partners Gp, L.P. is a Delaware Domestic Limited Partnership filed On April 7, 2022. Montgomery said, however, it is looking to add assets in the U.S . 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.. Ports America Group today announced the appointment of Mark Montgomery as president and CEO. While no valuation was given in the announcement statement, the deal values Ports America at over $4 billion, according to two . Covering All Coasts Oaktree Ports America Fund, L.p. is a corporation in Los Angeles, California. Mr. 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. In today's statement, Highstar . Ports America is based in Jersey City, New Jersey. In today's statement, Highstar . Under the terms of the deal, CPPIB, a minority investor in Ports America since 2014, will acquire full ownership in the company. Their business is recorded as FOREIGN LIMITED PARTNERSHIP.The Company's current operating status is Active Oaktree had been an investor in Ports America for 12. Oaktree Ports America Capital Partners is a buyout fund managed by Oaktree Capital Management. Ports America is based in Jersey City, New Jersey. 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. 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%). The fund is located in Los Angeles, California and will invest in America. Ports America, the largest U.S. terminal operator, from Oaktree Capital Management. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private . 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. 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). The company's filing status is listed as Active and its File Number is 6722881. Ports America is the largest terminal operator and stevedore in the United States. Latest news. 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 . About Oaktree Oaktree is a leader among global investment managers specializing in alternative investments, with $156 billion in assets. Oaktree Ports America Capital Partners, L.P. is a Delaware Domestic Limited Partnership filed On March 4, 2022. Their business is recorded as FOREIGN LIMITED PARTNERSHIP. 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,. The London-headquartered firm led a group of investors that provided capital to move Ports America - the sole remaining asset in Oaktree's $3.5 billion Highstar Capital Fund III - into a separate vehicle, according to a statement from Campbell Lutyens, which advised on the deal. 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 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 . Transaction with Existing Investor Facilitates Continuity of Ownership and Underscores Strong Business Outlook TORONTO and JERSEY CITY, N.J., Sept. 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. The employer identification number (EIN) for Oaktree Ports America Fund, L.p. is 831206604. terminal operator Ports America and the UK's London City Airport. 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 . "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. The fund targets to invest in infrastructure sector with transportation asset class. It is one of the corporates which submit 10-K filings with . 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 . 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. The Registered Agent on file for this company is Corporation Service Company and is located at 251 Little Falls Drive, Wilmington, DE 19808. At the moment, 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. Canada. Financial details were undisclosed. 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). Since its founding in 1921, Ports America has driven a century's worth of innovation in stevedoring, cargo handling, and terminal operations. 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). Current Entity Name: OAKTREE PORTS AMERICA FUND GP, L.P. . View company leaders and background information for Oaktree Ports America Fund Gp, Ltd. Search our database of over 100 million company and executive profiles. The Company's current operating status is Active. Latest news. REGULATORY DISCLOSURES 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. 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. 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. Ports America is based in Jersey City, New Jersey. Oaktree acquired Ports America as part of its 2014 purchase of Highstar Capital. Oaktree owns a majority stake in Ports America Holdings through Highstar Capital, which Oaktree acquired in 2014. OTG is a leading concession operator at North American airports, including Newark Liberty International, Houston George Bush Intercontinental, John F. Kennedy International and LaGuardia. EIN for organizations is sometimes also referred to as taxpayer identification number or TIN or simply IRS Number. QUICK LINKS : Goldman Sachs Conviction Buy List; Warren Buffett News; Elliott Associates News; SEC Filings 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. 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. They are buying the remaining investments in Ports America from California-based investment manager Oaktree Capital Management. Mr. Parker is a managing director in Oaktree's Opportunities group in New York. Oaktree Ports America Fund Gp, L.P. filed as a Foreign in the State of California on Friday, August 10, 2018 and is approximately four years old, according to public records filed with California Secretary of State.A corporate filing is called a foreign filing when an existing corporate entity files in a state other than the state they originally . Founded a century ago, Ports America is one . Ports America is reported to annually handle 13.4 million TEU, including 10 million . Oaktree Ports America Fund Gp, L.P. Overview. Oaktree Ports America Fund (hs Iii), L.p. is a corporation in Los Angeles, California. Filings. 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.. Under the terms of the deal, CPPIB, a minority investor in Ports America since 2014, will acquire full ownership in the company. The fund is located in Los Angeles, California and invests in America. In July, Yildirim revealed plans to sell a 24 percent stake in French shipping major CMA CGM to fund the purchase of Ports America Holdings from Oaktree Capital Group - owner of Highstar Capital - with whom Yildirim has an exclusivity agreement valid until the end of July. Ports America posted $1.3 billion of consolidated revenue in 2019, according to an October 2020 Moody's Investors Service report. 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. The company's filing status is listed as Active and its File Number is 006655415. Oaktree Ports America Fund is an infrastructure core fund managed by Oaktree Capital Management. In 2019, Ports America Group generated around $1.3 billion in revenue. Jersey City . Ports America is reported to annually handle 13.4 million TEU, including 10 million tons . 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,. Direct links to the EDGAR source material. (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. 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 . Sep 29, 2021. terminal operator Ports America and the UK's London City Airport. He replaces former president and CEO, Michael Hassing. Fund # 805-9628846302: CIK # 0001759972: Sale: 2019-05-02 ($406.7 MM Sold) Fund: Private Equity Fund Company Info DOS ID: 5392060. 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. The employer identification number (EIN) for Oaktree Ports America Fund (hs Iii), L.p. is 832598228. Description. Ports America is the largest marine terminal operator in Ports America is based in Jersey City, New Jersey. Highstar was said 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 . In 2016 a deal with Yilport was in the works, but never eventuated. 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,. At the time, it appeared that Ports America was up for sale. 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. Public filings of Oaktree Ports America Fund LP raised by Oaktree Capital Management LP. The deal is expected to close before the end of this year. 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. Contact Information Fund Manager Oaktree Capital Management Fund Manager Website 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. 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. 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. 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). 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. 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). Share this article. Date Filing Type Reported Sold Incremental Cash Type Exemptions Link to Raw Filing; 2022-06-13 New: Yet to Sell: $0: Oaktree Ports America Capital Partners General Information. The deal, which gives Canada's largest pension fund 100% ownership, values the business at about $4 billion . 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 Registered Agent on file for this company is Corporation Service Company and is located at 251 Little Falls Drive, Wilmington, DE 19808. 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. The company redesigns airport terminals and partners with renowned chefs to open restaurants. 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. . Oaktree was weighing a sale of Ports America at a $6 billion valuation, Bloomberg News had reported here in April.
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