Why Oaktree Is Raising Billions for Distressed Debt Fund

April 10 -- Oaktree Capital Group has gathered $7 billion for a distressed debt fund as it prepares for the economic recovery to falter, said two people with knowledge of the matter. Bloomberg's Devin Banerjee has more on "Street Smart."

Full Show: Bloomberg Daybreak: Americas (09/20)
31:06 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Stephen Ross, chairman at Related Companies, John Ryding, chief economist at RDQ Economics, and James Sweeney, chief economist at Credit Suisse AG. (Source: Bloomberg)
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