Oaktree Capital Management, L.P. (“Oaktree”) opened its new office in Hyderabad, India, in HITEC City. Oaktree’s decision to expand its operations in India underscores its commitment to the region and recognition of exceptional local talent. This move will enable the firm to attract, retain, and develop Oaktree employees in Hyderabad and deliver high-quality service to internal and external stakeholders worldwide.
Howard Marks, Co-Chairman of Oaktree, said, "We are thrilled to establish our presence in Hyderabad, a city known for its vibrant business environment, innovation, and skilled workforce. 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 Hyderabad's Human Resources Director. 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.”