Apollo’s Ruberton, Oaktree’s Vazales Join Scott Graves at Lane42

Former Ares Management Corp. partner Scott Graves has assembled a team to help run Lane42 Investment Partners, the asset manager he launched this year with $2 billion of capital commitments from Millennium Management.

Apollo Global Management Inc. veteran Rob Ruberton, Oaktree Capital Management’s Kaj Vazalesand Kirkland & Ellis partner Damon Fisher are joining Los Angeles-based Lane42 as co-founders, according to an emailed statement. Ruberton and Vazales will be portfolio managers and Fisher will serve as chief legal officer.

Lane42 will invest across public and private credit markets and offer tailored financing arrangements for companies with both ...