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Oaktree Adds Mansco Perry, Distinguished Chief Investment Officer, to Board of Directors

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Rhea-AI Summary

Oaktree Capital Group announced the appointment of Mansco Perry to its Board of Directors, effective February 10, 2023. With 27 years at the Minnesota State Board of Investment, Perry retired as Executive Director and Chief Investment Officer in 2022. He has also held positions at Macalester College and the Maryland State Retirement Agency. Howard Marks, Oaktree's Co-Chairman, praised Perry's extensive experience in managing investment portfolios. Perry has received several accolades, including the Richard L. Stoddard Award and the CIO Magazine Lifetime Achievement Award.

Positive
  • Mansco Perry's extensive experience in investment management.
  • Potential for immediate contributions to Oaktree given existing familiarity between Perry and current leadership.
Negative
  • Concerns about continuity as a new board member may bring different perspectives.

LOS ANGELES--(BUSINESS WIRE)-- Oaktree Capital Group, LLC (NYSE: OAK-PA and OAK-PB) today announced the appointment of Mansco Perry to its Board of Directors, effective February 10, 2023.

Mr. Perry spent a total of 27 years at the Minnesota State Board of Investment, serving in a number of capacities before retiring as Executive Director and Chief Investment Officer in 2022. Prior to assuming his final position at MSBI in 2013, he was Chief Investment Officer of Macalester College (2010-2013) and Chief Investment Officer of Maryland State Retirement Agency (2008-2010).

Commenting on Mr. Perry’s appointment, Howard Marks, Oaktree’s Co-Chairman, said, “My colleagues and I have had the pleasure of working with Mansco in his various positions of responsibility over many years. No one knows more than Mansco about managing investment portfolios or pension funds. Our familiarity with each other will allow Mansco to make an immediate contribution to Oaktree. We look forward to benefiting from his vast experience and unique insight.”

“I feel deeply honored to have been offered this opportunity. It has been my pleasure and good fortune to have worked with Oaktree during much of my career. I’m looking forward to the opportunity to assist the organization in any manner that I can,” said Mr. Perry.

In 2017, Mr. Perry received the Richard L. Stoddard Award from the National Association of State Investment Officers in recognition of his outstanding contributions to the investment of public funds. In 2018, CIO Magazine presented him with the Chief Investment Officer Industry Innovation Lifetime Achievement Award.

Mr. Perry is a graduate of Carleton College (B.A.), University of Chicago (M.B.A.), and William Mitchell Law School (J.D.).

Corporate Communications:

mediainquiries@oaktreecapital.com

Source: Oaktree Capital Group, LLC

FAQ

Who is Mansco Perry?

Mansco Perry is the newly appointed board member of Oaktree Capital Group, effective February 10, 2023.

What is Mansco Perry's experience?

Mansco Perry has 27 years of experience at the Minnesota State Board of Investment and has held senior positions at Macalester College and Maryland State Retirement Agency.

What awards has Mansco Perry received?

Mansco Perry received the Richard L. Stoddard Award and the CIO Magazine Industry Innovation Lifetime Achievement Award.

What is the impact of Mansco Perry's appointment on Oaktree Capital Group?

Perry's experience in investment management may provide fresh insights and contribute positively to Oaktree's strategies.

When did Mansco Perry join Oaktree Capital Group?

Mansco Perry joined the Board of Directors of Oaktree Capital Group on February 10, 2023.

Oaktree Capital Group, LLC 6.62

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