Oaktree’s Credit Head Scott Graves to Leave Firm After 15 Years

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Scott Graves, Oaktree Capital Group LLC’s head of credit strategies, will leave the distressed-debt investor after 15 years.

Graves, 45, will leave at the end of the year to pursue new opportunities, Los Angeles-based Oaktree said in a statementBloomberg Terminal Tuesday. Bruce Karsh, Oaktree’s co-chairman and chief investment officer, will take on Graves’s responsibilities.