Oaktree Asset-Backed Finance Fund Closes at $2 Billion
Key Highlights
- ➤Oaktree ABF I (BAM) closes with $2 billion of commitments, meeting its target fundraise
- ➤Brookfield’s asset-based finance platform totals more than $60B
- ➤Oaktree has invested more than $19 billion across its broader asset-backed finance platform
Expert Statements
Brendan Beer, Managing Director and Portfolio Manager at Oaktree
“As the private asset-backed market grows, its sheer variety across sectors, structures and risk/return makes the market difficult to navigate. We see that as opportunity, giving us real freedom to pursue the best relative value. Our approach is simple: survey a very broad market for less-crowded lending opportunities, and subject them to Oaktree’s critical eye. The partnership with Brookfield has supercharged our proprietary sourcing and added differentiated perspectives to our investment decisions.”
NEW YORK, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Brookfield today announced the final close of Oaktree’s Asset-Backed Finance Fund (“ABF I”) with $2 billion of commitments across the Fund and related investment vehicles, achieving its target fundraise. The Fund attracted a globally diversified base of institutional investors, including U.S. public pension plans and sovereign wealth funds, reflecting strong institutional demand for asset-backed finance solutions. The achievement is in addition to the success of Oaktree’s Asset-Backed vehicle focused on private wealth investors.
Brendan Beer, Oaktree Managing Director and Portfolio Manager, said, "As the private asset-backed market grows, its sheer variety across sectors, structures and risk/return makes the market difficult to navigate. We see that as opportunity, giving us real freedom to pursue the best relative value. Our approach is simple: survey a very broad market for less-crowded lending opportunities, and subject them to Oaktree’s critical eye. The partnership with Brookfield has supercharged our proprietary sourcing and added differentiated perspectives to our investment decisions.”
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