Oaktree Capital Management's third global real estate debt fund was the firm's largest ever, crushing its preceding fund by 34 percent.
This $3 billion fund seeks to achieve attractive risk-adjusted returns and current income by investing across a broad landscape of commercial and residential real estate debt opportunities.
This market segment is particularly compelling today given current real estate fundamentals, the desirability of real estate in an inflationary environment, and the predominately floating-rate nature of the instruments in which the team invests, the firm said in a release.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.