✉news BusinessFinance first seen 2 d ago, last 2 d ago, peak #6
Oaktree Closes Inaugural Asset-Backed Finance Fund at $2B
Oaktree Capital Management has held the final close of its inaugural asset-backed finance fund, reaching $2 billion. The fund targets investments backed by assets such as loans and receivables, an area of private credit drawing growing interest from institutional investors. The raise marks Oaktree's entry into the fast-expanding asset-backed finance market.
Why now: Asset-backed finance is one of the fastest-growing corners of private credit, and a $2 billion debut fund from a major manager signals strong institutional demand.
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