Oaktree closed its inaugural Asset-Backed Finance Fund at target, backed by global institutions including U.S. public pensions and sovereign wealth funds.
Partner managers’ growing credit role prompts separate fee revenue and expense reporting; Fee-Related Earnings and Distributable Earnings are unchanged.
All-cash deal for Reliance Worldwide has unanimous board backing; shareholder, regulatory and government approvals are needed for an expected Q1 2027 close.