Oaktree Capital-Backed ITG Raises $312.2 Million in US IPO

ITG Inc., a digital infrastructure services firm backed by Oaktree Capital, raised $312.2 million in a US initial public offering. The company priced its shares below the marketed range. This IPO reflects the ongoing tension between infrastructure demand and financial stability, emphasizing the necessity for strategic capital allocation. The offering marks a significant financial milestone for the firm as it navigates the complexities of the public market while providing essential digital infrastructure services.