Duration Capital Partners, a newly formed private investment firm focused on North American transportation infrastructure, has completed its spin-out of Oaktree Capital Management’s transportation infrastructure business.
Duration is led by co-CEOs Emmett McCann and Josh Connor, who have led Oaktree’s transportation infrastructure team since its inception. Oaktree will remain a minority investor in Duration, and John Frank, Oaktree’s vice chair and former managing partner, will serve as chairman of the new firm.
Based in New York and California, Duration will continue to deploy a value-added approach to investing in North American transportation infrastructure, with a focus on building strong alignment with management teams centered around operational excellence and safety. To achieve this goal, the firm will benefit from assistance from nearly 20 advisers, industry specialist who have dedicated their careers to working across the transportation sector. Durationâ