Oaktree Aims for $2.5 Billion Raise with Seventh Power Opportunities Fund

Oaktree Capital Management, known for its prowess in alternative investments, is gearing up to secure $2.5 billion for its seventh Power Opportunities fund. This latest endeavor underscores Oaktree's continued commitment to innovative investment strategies in the energy sector. The fund is slated for a first close in the third quarter of this year. With a focus on North America and Europe, Oaktree Power Opportunities Fund VII will target diverse investments spanning electric power, natural gas, water, and more. This ambitious capital raise aligns with Oaktree's track record of success and its forward-looking approach to private equity ventures.