Oaktree markets fifth mezzanine fund

The credit manager collected $852m for its predecessor vehicle, which began investing in 2014.

Oaktree Capital Management has hit the market with its latest junior debt fund – yet another vehicle launch as it continues to make private credit an area of importance.

The Los Angeles-based firm has formally launched Oaktree Mezzanine Fund V after announcing plans early last year to kick off fundraising for the new vehicle.

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