What changed
Oaktree's Asset-Backed Finance Fund closed with $2 billion of commitments across the Fund and related investment vehicles, hitting its target fundraise. The fund drew a globally diversified institutional base including U.S. public pension plans and sovereign wealth funds. Across the broader ABF platform, Oaktree has invested more than $19 billion, and Brookfield's asset-based finance platform totals more than $60 billion.
Why it matters
Oaktree's Asset-Backed Finance Fund closed with $2 billion of commitments across the Fund and related investment vehicles, hitting its target fundraise. The fund drew a globally diversified institutio