Kirkland & Ellis advised Oaktree Capital Management, L.P. on the final close of Oaktree Opportunities Fund XII, which included approximately $16 billion of commitments, including co-investment and affiliated vehicles. To date, the fund has more than $7 billion invested or committed to invest in businesses that are diversified across geographies, sectors and asset classes. The robust investment deployment pace has been made possible by the strategy’s all-weather charter and proprietary sourcing capability.

The Kirkland team included investment funds lawyers Erica Berthou and Katrina Rowe.