Oaktree Expands Indian Market Presence with New Hyderabad Office

Oaktree Capital Management, L.P. ("Oaktree"), one of the global leaders in alternative investments, has expanded its presence in India with the opening of a new office in Hyderabad’s HITEC City. This expansion reflects Oaktree’s commitment to the region and its recognition of India’s exceptional talent pool. The Hyderabad office will help the firm attract, retain, and develop top professionals while ensuring high-quality service to stakeholders worldwide.

At the inauguration of Oaktree’s new office in Hyderabad, Howard Marks, Co-Chairman of Oaktree, highlighted the significance of the expansion, he stated, "We are thrilled to establish our presence in Hyderabad, a city known for its vibrant business environment, innovation, and skilled workforce," he said. "Oaktree Hyderabad represents our steadfast dedication to operational excellence and our belief in the immense opportunities that India presents."

Hyderabad has emerged as a key business hub in India, attracting global companies across sectors such as finance, technology, and investment management. With its robust infrastructure, skilled workforce, and pro-business environment, the city provides an ideal base for Oaktree to scale its operations and enhance its service offerings.

To lead its human resources strategy in Hyderabad, Oaktree has appointed Ajay Maddali as Human Resources Director for Hyderabad. He will be instrumental in shaping Oaktree’s local HR policies, ensuring alignment with the firm’s global values while fostering a strong company culture.

Ajay Maddali, Human Resources Director for Hyderabad, highlighted the significance of the new office, he stated, "I am delighted to join Oaktree and contribute to this exciting expansion in India. 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."

Ajay brings extensive experience in HR and management consulting, having previously served as Head of HR for India at Franklin Templeton. His expertise will be crucial in attracting and retaining top-tier talent to support Oaktree’s growth in the region.

Oaktree is one of the largest and most active investors in Indian private credit, having deployed over US$4 billion since 2018. The Hyderabad office marks Oaktree’s second location in India, following the Mumbai office, which opened in 2023 under the leadership of Gaurav Parasrampuria, Head of Asia for Oaktree’s Global Opportunistic Strategy.

With this expansion, Oaktree now operates 24 offices worldwide, including nine in the Asia-Pacific region: Hyderabad, Mumbai, Hong Kong, Singapore, Sydney, Tokyo, Shanghai, Beijing, and Seoul. The firm’s global reach and expertise in alternative investments position it as a key player in India’s financial ecosystem.

The Hyderabad office is expected to play a critical role in Oaktree’s global operations, strengthening its ability to provide superior investment solutions and reinforcing its long-term commitment to the Indian market. This strategic expansion underscores Oaktree’s belief in India’s potential as a major investment hub and its dedication to fostering local talent while delivering value to global stakeholders.