On Friday the bulker ownertold regulators the departure of Kaplan, a principal of US private equity giant Oaktree Capital, “reflected a desire to focus on other companies in which Oaktree invests and did not reflect any disagreement” with management.
Today, a close acquaintance told TradeWinds that the Los Angeles-based executive is actively involved in 30 of his firm’s portfolio companies but said he intends to devote more time to Genco’s New York-listed compatriot, General Maritime Corp (Genmar), in the months to come.
While