Latest news with #OaktreeSpecialSituationsFundIV
Yahoo
31-03-2025
- Business
- Yahoo
Oaktree Plans Special Situations Fund as Tariff Threats Grow
(Bloomberg) -- Oaktree Capital Management LP is seeking investors for its latest fund focusing on corporate special situations, according to people familiar with the matter, as a global trade war darkens the outlook for businesses. Gold-Rush Fever Returns to Historic New Zealand Mining Town What Frank Lloyd Wright Learned From the Desert Bank Regulators Fight for Desks as OCC Returns to New York Tower These US Bridges Face High Risk of Catastrophic Ship Strikes Charter Schools, Colleges Push Muni Debt Distress Near Record The Oaktree Special Situations Fund IV may reach about $4 billion, said the people, who asked not to be identified because the matter is private. The previous vintage of this strategy raised $3 billion, they said. The fund will invest in assets such as distressed debt, structured equity or direct equity, the people said. The move comes as the imposition of tariffs between major global economies threatens to hurt supply chains and corporate margins. The firm's previous two funds of this type both had a net internal rate of return of around 30%, the people said. Oaktree's special situations strategy is led by Matt Wilson and Jordon Kruse. A representative for Oaktree declined to comment. It currently invests in companies including fund manager Australian Alternative Asset Partners, US beer manufacturer City Brewing Company and global healthcare firm GenesisCare, according to its website. Trump's IRS Cuts Are Tempting Taxpayers to Cheat Google Is Searching for an Answer to ChatGPT Israel Aims to Be the World's Arms Dealer Business Schools Are Back How a US Maker of Rat-Proof Trash Bins Got Boxed in by Trump's Tariffs ©2025 Bloomberg L.P. Sign in to access your portfolio
Bloomberg
31-03-2025
- Business
- Bloomberg
Oaktree Plans Special Situations Fund as Tariff Threats Grow
Oaktree Capital Management LP is seeking investors for its latest fund focusing on corporate special situations, according to people familiar with the matter, as a global trade war darkens the outlook for businesses. The Oaktree Special Situations Fund IV may reach about $4 billion, said the people, who asked not to be identified because the matter is private. The previous vintage of this strategy raised $3 billion, they said.
