Oaktree Capital Management has appointed several senior investment professionals in the US to grow its asset-backed finance (ABF) strategy.
Rana Mitra and Matthew Scheer have both joined as managing directors in Oaktree’s New York office, according to a post on the asset manager’s LinkedIn page.
Mitra has spent over 15 years at Atalaya Capital Management, while Scheer most recently spent time as an ABF investor at Goldman Sachs Asset Management.
Read more: Oaktree: Asset-based funding faces financing void
Stephanie Masters has been named as senior vice president in Oaktree’s Los Angeles office, having previously worked at Waterfall Asset Management and Allen & Overy.
And Oaktree veteran Jennifer Marques has assumed a leadership role as head of strategy and structuring for ABF after serving as Oaktree’s head of global tax structuring.
“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 ABF 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 centre for our approach to ABF: unlocking, harnessing and super-charging the existing sourcing channels and expertise embedded within Oaktree’s broader platform.”
The new appointments come after Oaktree recently named several new additions to its team in Europe.
Torben Dunkel has been appointed as the firm’s head of Germany and Austria, marketing and client relations, with responsibility for business development in the region.
It has also appointed Cyril Martin as managing director and head of EMEA insurance solutions.
