Oaktree to split new infrastructure fund into vehicles for transportation, energy


Oaktree Capital, private equity
Vistitors check out the sights around the Angel Oak tree in Charleston, South Carolina September 24, 2013. Massive canopy shades stretching more than 17,000 square feet and a trunk wider than 25 feet in circumference have drawn generations of visitors to the centuries-old live oak tree on an island near historic Charleston. A group aiming to preserve the majestic tree for decades to come is racing against a fall deadline to raise the $1.2 million needed to protect surrounding land from development that environmentalists say would harm the oak's health. REUTERS/Randall Hill (UNITED STATES - Tags: ENVIRONMENT POLITICS) - RTR3FG1E
  • Oaktree marketing fund since 2015
  • Combined vehicle targets $3 bln, $4 bln hard cap
  • Fund receives $100 mln pledge from Illinois Municipal in May
Oaktree Capital Management will split its new infrastructure fund into two sector-specific vehicles for investments in the transportation and energy sectors. Oaktree Transportation and Energy Infrastructure Fund, which the firm had been marketing as a single vehicle since 2015, is ...

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