Managed by Oaktree Capital Management, L.P. (Since 11/1/2013)

Oaktree Capital Management, L.P. is a leading global investment management firm focused on alternative markets. Oaktree’s mission is to deliver superior investment results with risk under control and to conduct their business with the highest integrity. Their investment philosophy, which consists of six tenets - risk control, consistency, market inefficiency, specialization, bottom-up analysis, and disavowal of market timing - is complemented by a set of core business principles that articulate Oaktree’s commitment to excellence in investing, commonality of interests with clients, a collaborative and cooperative culture, and a disciplined, opportunistic approach to the expansion of offerings.

View the Harbor Emerging Markets Equity Fund Commentary

Manager Profiles

portrait of Frank Carroll

Frank Carroll

Managing Director and Co-Portfolio Manager

Prior to joining Oaktree in 1999, Mr. Carroll was the head of trading for Columbus Advisors LLC, where he worked for two years. Mr. Carroll previously was the Head Trader for Latin American Fixed Income at Banco Santander and Bankers Trust. For six years prior to joining Bankers Trust, Mr. Carroll was an emerging markets trader for Salomon Brothers Inc. He received a BA degree in history from Fairfield University. He is currently the Chairman of Fairfield’s Board of Trustees as well as a Trustee at Brunswick School in Greenwich, Connecticut.

portrait of Timothy D. Jensen

Timothy D. Jensen

Managing Director and Co-Portfolio Manager

Prior to joining Oaktree in January 2000, Mr. Jensen served as a Principal and portfolio manager at Morgan Stanley Dean Witter Investment Management with responsibility for investment portfolios focused on Asia ex-Japan. Previously, he worked at Ardsley Partners, where he focused on the Latin American portion of emerging market assets. Mr. Jensen has also worked at Bankers Trust in its Latin American Merchant Banking Group and at Unifund, a private trust, where he focused on East Asian investments. For periods of his employment Mr. Jensen has lived in Singapore, Bangkok, Hong Kong and Hungary. He graduated cum laude from Harvard College with a BA degree in history and received an MBA in finance from University of California, Los Angeles.