Kirkland & Ellis advised Oaktree Capital Management on the deal.
Oaktree Capital Management, L.P., a leader among global investment managers specializing in alternative investments, announced the final close of Oaktree Opportunities Fund XI and its related vehicles (“Opps XI”), with total capital commitments of $15.9 billion. Opps XI is Oaktree’s largest fund in history, exceeding its original target of $15 billion. To date, the Fund has invested or committed to invest approximately 70% of its capital in an attractive mix of opportunities that are diversified across geographies, sectors and asset classes.
The Kirkland team was led by investment funds partners Erica Berthou (Picture), Katrina Rowe and Jean Jeong.
Law Firms: Kirkland & Ellis;
Clients: Oaktree Capital Management;