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Oaktree Capital Group 's first-quarter profits slipped as revenue fell on lower incentive income, the firm reported Thursday.

Oaktree, best known for debt investing, reported net income of $51.8 million, down 10% from $57.6 million in the first quarter of 2013.

Oaktree's profits slip on lower investment income

Buyout firm 'looking hard' for deals, after first-quarter revenue slumps 11%

Hillary Canada

Shasha Dai, The Wall Street Journal 

Oaktree Capital Group

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