Oaktree's direct lending expansion gathers pace with new US fund
Los-Angeles headquartered Oaktree Capital has raised at least $85 million for its mid-market direct lending fund

Oaktree nominees appointed to Ranger Direct Lending Fund board
Oaktree Capital Management has announced that its two nominees for the Ranger Direct Lending Fund (RDLF) board - Dominik Dolenec and Greg Share – have been voted to the board at Ranger's annual general meeting yesterday.

Louisiana pension fund commits $75 million to new Oaktree fund
The Teachers Retirement System of Louisiana (TRSL) has made a $75 million commitment to distressed debt manager Oaktree, a spokesperson for the $9.5 billion pension fund confirmed

Oaktree nominates two directors to direct lending board following "poor decisions"
A further development in the Ranger Direct Lending Fund saga has taken place with Oaktree Capital Management - an 18.56% shareholder - having nominated two new directors to add to its board

Oaktree's multi-strategy credit platform reaches $2.9 billion
Los Angeles based Oaktree Capital Management's multi-strategy credit platform – which includes Oaktree Global Credit Fund – has hit $2.89 billion as at 31 March 2018  

Oaktree raises at least $2.1 billion for second real estate debt fund
Los-Angeles Oaktree Capital Management has beaten its original $1.75 billion target size for Oaktree Real Estate Debt Fund II, US SEC filings reveal

AUM drops but Oaktree dubs 2017 a "strong" year
Alternative investment specialist Oaktree Capital Management has reported a slight decrease in assets under management for the year of 2017 – but the Los Angeles-based firm’s chief executive described the year as a “strong” one for the company

Virginia pension fund cuts Oaktree high yield account
Virginia Retirement System (VRS) has terminated Oaktree as a high yield debt manager, Creditflux has learnt

Carlyle, ICG and Oaktree earn approvals as Chile's first alternatives managers
The news follows recent reforms to Chile’s Pension Fund Law allowing pension fund administrators to invest directly in alternative asset managers

US direct lender announces first close at $275 million after Oaktree backing
Direct lender Runway Growth Credit has announced the successful closing of its $275 million initial equity capital raise, including a $139 million commitment from Oaktree

Oaktree marks down former Fifth Street loan portfolio
Oaktree Capital has slashed the valuation of a portfolio of loans it took over from Fifth Street last month by $142 million

Oaktree changes tack on ETFs and signs up to manage Eaton Vance fund
Oaktree Capital Management has agreed to subadvise Eaton Vance’s newest diversified credit NextShares offering – suggesting Howard Marks of Oaktree may be getting over his previously expressed doubts about exchange-traded funds

Wealth manager adds Oaktree and THL to new direct lending platform
Canadian firm Nicola Wealth Management (NWM) has launched a new private debt fund which will combine a fund of funds approach with direct investments

Greenwich-based firm set to dissolve following sale of assets to Oaktree
The decision follows the sale of Fifth Street Asset Management's two BDCs to Oaktree

Los Angeles firm takes over Greenwich-based direct lending BDC
Oaktree has taken over management of its newly acquired direct lending unit, which was formerly known as Fifth Street Finance Corp

Oaktree finds space for structured credit in new global credit fund
Oaktree Capital Management has shed some light on its eagerly-awaited push into the structured credit market

Oaktree takes over Fifth Street’s BDCs
Oaktree Capital has won the auction to take over Fifth Street Asset Management’s two business development companies

Oaktree set to buy mid-market specialist Fifth Street, reports WSJ
Oaktree Capital Management is leading the chase to buy middle-market US lender Fifth Street Asset Management, according to a report by the Wall Street Journal

Popular shortlists Apollo, Oaktree, BAML and Bain for rapid NPL sale
Spain’s Banco Popular is in talks with Apollo, Oaktree, Bank of America Merrill Lynch and Bain Capital about selling a portfolio of non-performing loans, according to Spanish newspaper Expansión

Oaktree brings in distressed debt specialist from US lender
Distressed debt specialist leaves bank for buy-side role in London

Oaktree plans new multi-strategy credit fund
New fund to allocate between Oaktree’s credit strategies and target smaller investors 

California pension fund short-lists six managers for credit mandate
A California pension fund has narrowed down the search for an opportunistic credit manager to six names

Los Angeles manager swoops for Oaktree's former head of European credit
A $1.4 trillion asset manager based in Los Angeles is making big strides into credit with a CLO and loans specialist tipped to join