Oaktree targeting $18b for Fund XII; would be largest-ever in private credit

Oaktree Capital Management is aiming to raise over $18 billion for its Oaktree Opportunities Fund XII, potentially becoming the largest-ever private credit fund.

The private credit market is experiencing significant growth, with investors attracted to the potential high returns and opportunities previously dominated by Wall Street banks.

Oaktree's opportunistic credit strategy focuses on buying discounted assets and engaging in corporate debt restructurings to generate returns from a wide range of private investments.

https://www.oaktreecapital.com/