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SVB fallout is ‘not comparable’ to regional banks' commercial real estate debt exposure, says Fed chair Jerome Powell.
The firm’s first investment vehicle following its acquisition by Morgan Stanley IM targets transitional amid market dislocation.
The Nashville-based manager's latest capital raise is its first since closing on the acquisition of CarVal Investors last month.
An inverted yield curve typically precedes a recession.
The joint venture between the two Los Angeles-based firms - in which Oaktree also bought a minority stake in Veleta - aims to fuel a western US expansion.