Key Takeaways
- • Oaktree has launched fundraising for its fourth real estate debt fund, Real Estate Debt Fund IV, targeting $3bn, according to PereNews.
- • The Los Angeles-based manager is pursuing an opportunistic real estate debt strategy, with the report tagging coverage to alternative lending, debt funds and refinancing.
- • PereNews reported the launch on 16 May 2023, so the fundraising details reflect that date.
Summary
According to a PereNews report published 16 May 2023, Los Angeles-based Oaktree has begun raising capital for Real Estate Debt Fund IV, with a fundraising target of $3bn. The vehicle is the fourth in the manager's real estate debt fund series. The report's topic tags place the strategy within opportunistic real estate lending, debt funds and refinancing activity.
The article is brief and does not disclose further terms such as fund structure, minimum commitments, closing timeline or the anticipated investor base. Those details would need to be confirmed from Oaktree's offering materials or subsequent reporting.
The article is brief and does not disclose further terms such as fund structure, minimum commitments, closing timeline or the anticipated investor base. Those details would need to be confirmed from Oaktree's offering materials or subsequent reporting.
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