Oaktree Capital Management, L.P.

Private credit yields remain attractive but selectivity is critical. ICYMI you can watch Christina Lee on Bloomberg TV's The Close here: https://lnkd.in/exAkS5dm #AlternativeInvesting #InsightsInFocus

David Rosenberg, Head of Liquid Performing Credit and Co-Portfolio Manager for Oaktree’s Global Credit strategy, joined David Faber and Courtney Reagan on CNBC’s ‘Money Movers’ to discuss the impact of the latest rate cut on credit markets and why he thinks it’s a good time for credit pickers. Watch the segment here: https://lnkd.in/gcM3Dafs #AlternativeInvesting

As markets continue to hit record highs I highly recommend my conversation with Howard Marks of Oaktree Capital Management, L.P. from last week - his lessons from his extraordinary 50 year career and his views on the current state of play. You can find it here: YT: https://lnkd.in/eY2JPVMS Apple: https://lnkd.in/eV5YYMuU Spotify: https://lnkd.in/erpDmGjN

In his latest memo, Howard Marks offers observations based on his meeting with the board, consultant, and senior staff of a state pension fund. Howard explores the key topics covered during the session, including determining an appropriate risk posture, selecting an investment approach, and assessing performance. While these decisions are challenging, the board and its consultant applied the only reasonable method: asking the right questions and pursuing rational conclusions: https://lnkd.in/eDKvT3Mq   Click here to read and subscribe to memos from Howard Marks:  https://lnkd.in/gppRhcA

ICYMI: Steve Tesoriere discusses the underlying currents shaping equity and credit markets in the latest edition of The Roundup.    Read more here: https://lnkd.in/gQHDdMBm #AlternativeInvesting

ICYMI: Listen to the latest episode of The Insight: Conversations: https://lnkd.in/ez-pRuhK   Steve Tesoriere (Co-Portfolio Manager, Value Opportunities), Olivia Guthorn (Managing Director, Global Opportunities), and Justin Guichard (Co-Portfolio Manager, Real Estate Debt) explore the bifurcation in equity and credit markets, dislocation in the healthcare sector, and the revival of commercial real estate activity.   Subscribe to The Insight by Oaktree Capital wherever you get your podcasts: https://lnkd.in/egkzZVbX

Christina Lee, Co-Portfolio Manager for Oaktree's U.S. Private Debt strategy, joined Romaine Bostick, CFA on Bloomberg Television's 'The Close' for a discussion on credit markets and why the outlook for #privatecredit is still competitive for bottom-up investors. Watch the segment here: https://lnkd.in/gkH9dhEB  #AlternativeInvesting

Oaktree has launched Oaktree Direct Lending Evergreen Fund, L.P. (“ODLE” or “the Fund”), an evergreen senior direct lending strategy for institutional clients. The Fund completed its first close with approximately $2.35 billion in committed capital, the vast majority from a wide range of global insurance companies. “Insurance companies and other long-term investors are increasingly seeking portfolio structures that align with their specific balance-sheet objectives,” said Greg Halagan, CFA, CAIA, Managing Director and Global Head of Insurance Solutions at Oaktree. “ODLE reflects Oaktree’s ability to pair fundamental credit expertise with thoughtful structuring designed for insurance investors, offering flexibility, stability, and the potential for long-term value compounding within a durable evergreen format.” Read more here: https://lnkd.in/gJb36Sfu #AlternativeInvesting #Insurance

So far in 2025, over $25 billion of loans have moved from the broadly syndicated to direct lending market… and about the same volume has gone the other way, with large private equity sponsors increasingly agnostic between their primary financing options.    #AlternativeInvesting #InsightsInFocus

October 12, 2025 marked the 35th anniversary of Howard Marks’s memos. In celebration, we released the first and only complete collection of all Howard’s public memos in a single volume, from the first one in 1990 to the latest as of the date of publication.   Read now: https://lnkd.in/e7RhzsF3   ICYMI you can also read The Best of . . ., a curated compilation of the memos Howard considers to be the most impactful: https://lnkd.in/gzGgSpj9   #AlternativeInvesting