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Oaktree in pole for Project Harrogate

Oaktree Capital Management, the listed global alternative markets-focused investment manager, has emerged as the preferred bidder for Lloyds Banking Group’s £625m non-performing loan portfolio Project Harrogate.
CoStar News
August 9, 2012 | 9:24 P.M.

Oaktree is understood to have beaten rival bidders Cerberus, Lone Star, and a joint bid by Kennedy Wilson and Deutsche Bank, after final bids were lodged two weeks ago.

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