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Uri Starkman, founder and chairman, Veolia Israel[/caption] Oaktree managing director Oren Peleg added, “The deal with Veolia Israel is a harbinger of Oaktree investments in Israel. We’re excited that our first acquisition is the acquisition of a company that is one of the leaders in Israel and worldwide in the environment, energy, garbage, and water, and we believe that thanks to our capabilities and global experience, we’ll be able to improve Veolia Israel and move it forward to additional successes.” He further added, “The fruitful cooperation with the major banks in Israel is strategically important for Oaktree in advance of its next investments in the Israeli market.” Veolia Environment S.A. (Euronext: VIE, NYSE: VE), a French transnational company headquartered in Paris, is a global leader in optimized resource management. With over 179,000 employees worldwide, the group designs and provides water, waste and energy management solutions that contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them. Between 2000 and 2003 Veolia was known as Vivendi Environment. Prior to 1998 it was known as Compagnie Générale des Eaux. In 2014, the Veolia group supplied 96 million people with drinking water and 60 million people with wastewater service, produced 52 million megawatt hours of energy and converted 31 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €24.4 billion in 2014 (based on 2014 pro-forma figures, including Dalkia International (100%) and excluding Dalkia France). Oaktree Capital Group, LLC operates as a global investment management firm that focuses on alternative markets. It manages investments in a number of strategies within six asset classes, including distressed debt; corporate debt, including high yield debt and senior loans; control investing; convertible securities; real estate; and listed equities. The company pursues these strategies through closed-end, open-end, and evergreen funds. Oaktree Capital Group, LLC was founded in 1995 and is headquartered in Los Angeles, California. Oaktree’s mission is to provide highly professional management with a primary emphasis on risk control in a limited number of sophisticated investment specialties. Oaktree specializes in less efficient markets and alternative investments, and has extensive experience, an enviable track record, broad product range and substantial assets under management.