Oaktree Capital names Priya Prasad Bowe as its new Head of Environmental, Social and Governance
The new appointment will also join the company's Governance Committee, and will report directly to CIO Bruce Karsh.
LONDON, England, July 15, 2021 (PRESS RELEASE) -- Global alternative investment-focused asset manager Oaktree Capital Management has announced via a press release and e-mail that the firm has appointed Priya Prasad Bowe as its new Head of ESG.
In her new role, Prasad Bowe (pictured) will be responsible for the firm's ESG efforts globally, leading Oaktree's ESG Governance Committee and driving the integration of ESG efforts across the firm's investment and non-investment organizations.
Ms. Prasad Bowe will spearhead the firm's environmental, social and governance (ESG) efforts globally. She will lead Oaktree's ESG Governance Committee and report directly to Co-Chairman and Chief Investment Officer Bruce Karsh.
Mr Karsh commented:
"Priya's appointment reinforces Oaktree's ESG commitment and will help ensure we remain well positioned for the future,"
"This move reflects Oaktree's belief that ESG considerations are central - not ancillary - to every part of our business."
Ms. Prasad Bowe added:
"ESG integration strengthens our investment processes and keeps us aligned with our clients, their beneficiaries and our collective long-term interests,"
"I look forward to leading Oaktree's ESG strategy as we continue to evolve in this important and exciting area."
Ms. Prasad Bowe joined Oaktree in 2019 as a credit product specialist focused on private and multi-strategy credit. She has been integrally involved in the design and implementation of the ESG framework for Global Credit, Oaktree's flagship multi-strategy product. Before joining Oaktree, she spent over a decade in credit-, sales- and strategy-focused roles at Citadel Securities and Morgan Stanley. Priya has a B.A. in economics from Yale and an MBA from Columbia. She is also a CFA charterholder.
About Oaktree Capital Management
Oaktree is a leader among global investment managers specializing in alternative investments, with $148 billion in assets under management as of December 31, 2020. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,000 employees and offices in 19 cities worldwide. For additional information, please visit Oaktree's website at https://www.oaktreecapital.com.