September 29, 2025 - 17:55
NEW YORK, September 29, 2025—Ambac Financial Group has officially completed the sale of its legacy financial guarantee businesses to Oaktree Capital Management. This strategic move marks a significant shift in Ambac's focus and operational strategy, allowing the company to concentrate on its core business areas and enhance its financial position.
The transaction, which has been in the works for several months, is expected to provide Ambac with additional liquidity and flexibility to pursue new growth opportunities. By divesting its legacy operations, Ambac aims to streamline its business model and allocate resources more effectively.
Oaktree, a well-known investment management firm, plans to integrate these financial guarantee businesses into its existing portfolio, leveraging its expertise in the sector. This acquisition is seen as a way for Oaktree to expand its reach and enhance its service offerings in the financial guarantee market.
Both companies expressed optimism about the future, emphasizing the potential for growth and innovation in their respective fields following this transaction.
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