This move will enable the firm to attract, retain, and develop Oaktree employees in Hyderabad, and deliver high quality service to both internal and external stakeholders around the world.
FinTech BizNews Service
Mumbai, March 7, 2025: Oaktree Capital Management, L.P. (“Oaktree”), a leader among global investment managers specializing in alternative investments, opened the doors to its new office in Hyderabad, India, in HITEC City. Oaktree is a leader among global investment managers specializing in alternative investments, with US$202 billion in assets under management as of December 31, 2024.
Oaktree’s decision to expand its operations in India underscores its commitment to the region and recognition of the exceptional local talent. This move will enable the firm to attract, retain, and develop Oaktree employees in Hyderabad, and deliver high quality service to both internal and external stakeholders around the world.
"We are thrilled to establish our presence in Hyderabad, a city known for its vibrant business environment, innovation, and skilled workforce," said Howard Marks, Co-Chairman of Oaktree, at the inauguration of the new office. "Oaktree Hyderabad represents our steadfast dedication to operational excellence and our belief in the immense opportunities that India presents."
Ajay Maddali has joined Oaktree as Human Resources Director for Hyderabad. He will be instrumental in developing and implementing Oaktree’s local HR model and fostering the company’s culture. Ajay brings a wealth of experience in HR and management consulting, most recently serving as Head of HR for India at Franklin Templeton.
“I am delighted to join Oaktree and contribute to this exciting expansion in India,” said Ajay Maddali. “Opening an office in Hyderabad signifies the tremendous long-term opportunities that Oaktree sees in India to scale its global operations, improve quality of service, and actively recruit top talent from the local community.”
Oaktree is one of the largest and most active investors in Indian private credit, having deployed more than US$4 billion since 2018. The Hyderabad office is Oaktree’s second in India, following the Mumbai office, which opened in 2023 under the leadership of Gaurav Parasrampuria, Head of Asia of Oaktree’s Global Opportunistic strategy. Oaktree has offices in 24 cities worldwide, including nine in Asia Pacific: Hyderabad, Hong Kong, Singapore, Sydney, Tokyo, Mumbai, Shanghai, Beijing, and Seoul.
