Oaktree Capital Management has strengthened its Asset-Backed Finance strategy with the addition of several senior investment professionals, underscoring its commitment to expanding expertise in structured credit and real estate finance. The latest hires bring deep experience from leading financial institutions, positioning Oaktree to further enhance its capabilities.
Rana Mitra has joined Oaktree’s New York office as a managing director after a distinguished 15-year tenure at Atalaya Capital Management. Stephanie Masters has stepped in as a senior vice president in Los Angeles, bringing experience from Waterfall Asset Management and law firm Allen & Overy. Matthew Scheer, formerly an asset-backed finance investor at Goldman Sachs Asset Management, has joined as a vice president in New York.
Additionally, Oaktree has promoted veteran Jennifer Marques to head of Strategy and Structuring for Asset-Backed Finance, leveraging her expertise from her previous role as head of Global Tax Structuring at the firm.
“Over the past year, Oaktree has been fortunate enough to add best-in-class talent to our ABF strategy,” said Brendan Beer, portfolio manager for Asset-Backed Finance and co-portfolio manager for Structured Credit at Oaktree. “I have been most excited to watch our newest ABF-focused colleagues collaborate with the firm’s nearly 250 credit and real estate investment professionals. Jen, Rana, Stephanie and Matt each bring important experience, relationships and skills and will serve as the nerve center for our approach to ABF: unlocking, harnessing, and super-charging the existing sourcing channels and expertise embedded within Oaktree’s broader platform.”
Oaktree’s ABF strategy continues to evolve as a key component of the firm’s broader investment platform. With these new appointments, the firm aims to capitalize on emerging opportunities in asset-backed finance and structured credit markets, further solidifying its leadership in the space.
