Oaktree Capital, which is in a tight race to acquire Dewan Housing Finance Limited ( DHFL) has written to the lenders of the mortgage financier urging fair treatment in the evaluation process of its bid.
In a letter to DHFL’s Committee of creditors ( CoC), a copy of which was reviewed by Mint, Oaktree cautioned the creditors against being discriminated against due to its foreign credentials.
US headquartered Oaktree which manages over $120 billion in alternative investment funds alleged that it has been subjected to a systematic campaign by vested interest groups to undermine its bid to acquire DHFL which has received competing bids from Piramal Capital and Adani Group.