Brookfield 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, meeting its fundraising target. The fund attracted a globally diversified base of institutional investors, including U.S. public pension plans and sovereign wealth funds. The close is in addition to Oaktree’s Asset-Backed vehicle focused on private wealth investors. “As the private asset-backed market grows, its sheer variety across sectors, structures and risk/return makes the market difficult to navigate,” Brendan Beer, managing director...