Fund Management

The New York-based manager is aiming for growth – and the real estate credit capabilities of Oaktree are critical to that initiative.

Opening up alternative assets to non-institutional investors, from HNWIs to 401(k) account holders, represents up to $80trn. It's an alluring pot of capital for an industry with flatlining annual fundraising figures in some asset classes. And yet, multiple headwinds exist, making the journey towards increasing democratisation far from straightforward.

Further technology advances are required to truly unlock the potential of the private wealth market.

Spread compression, the First Brands bankruptcy and geopolitical risk were among the talking points at our annual gathering in Munich.

The private debt market does not want spreads of less than 500bps to become standard, delegates at the PDI DACH Forum in Munich heard.

Will the Trump administration’s America First Investment Policy fundamentally change global capital flows?

A new world order is expected to reshape the private markets opportunity set over the next five years.

With globalisation in retreat, the implications for private investment are complex. In areas like manufacturing, the push is toward reshoring of portfolio company operations. In risk management, many investors see diversifying their global exposure as key.

Talk has been growing louder about capital migrating away from the US and the rise of private credit secondaries. Evidence for both has emerged in our latest research.

As the $87bn California pension approves change to remove a cap on manager names in the portfolio, CIO Jonathan Grabel says the system doesn’t have unique concern about credit market.