April 24 (Reuters) - Oaktree Capital Management:
* OAKTREE SENDS LETTER TO RANGER BOARD OF DIRECTORS
REGARDING
STRATEGIC REVIEW
* OAKTREE CAPITAL MANAGEMENT SAYS FUNDS MANAGED BY IT, AN
18.56%
SHAREHOLDER OF RANGER DIRECT LENDING FUND, SENT A LETTER TO
RANGER BOARD ON APRIL 11
* OAKTREE SAYS COME TO CONCLUSION RANGER DIRECT LENDING
SHAREHOLDERS' INTERESTS ARE BEST SERVED BY WINDING DOWN CO,
RETURNING CAPITAL TO SHAREHOLDERS
* OAKTREE CAPITAL MANAGEMENT - URGES RANGER BOARD TO
RECOMMEND
WIND-DOWN OF RDL AS PREFERRED OPTION IN ONGOING STRATEGIC REVIEW
PROCESS
* OAKTREE - WILLING TO SUPPORT RDL WIND-DOWN EFFORT BY
NOMINATING
UP TO 2 NONEXECUTIVE DIRECTORS TO JOIN BOARD AT RANGER'S
INVITATION
Source text for Eikon: ID:nBw90CG7ya
Further company coverage: RDL.L
((Reuters.Briefs@thomsonreuters.com;))