Oaktree Plans Special Situations Fund as Tariff Threats Grow
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Oaktree Capital Management LP is seeking investors for its latest fund focusing on corporate special situations, according to people familiar with the matter, as a global trade war darkens the outlook for businesses.
The Oaktree Special Situations Fund IV may reach about $4 billion, said the people, who asked not to be identified because the matter is private. The previous vintage of this strategy raised $3 billion, they said.