Oaktree Backs Gulf Real Estate Fund Arzan in Private Credit Push
Dubai has been drawing institutional capital for both its real estate and hotel market.
Photographer: Christopher Pike/BloombergOaktree Capital Management is backing a Middle East hospitality investor as private credit interest in the region is gaining traction.
The $209 billion alternative asset manager provided a debt financing commitment to Arzan Investment Management, which focuses on real estate, hospitality, and credit strategies in the Gulf, according to a statement. No financial details were disclosed.