Our Company
Oaktree is a leader among global investment managers specializing in alternative investments, with $193 billion in assets under management. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,200 employees and offices in 22 cities worldwide.
We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.
For additional information please visit our website at www.oaktreecapital.com.
The Oaktree ABF strategy:
Oaktree Asset Backed Finance (“ABF”) is a recently formed strategy which invests in pools of contractual assets, or “assets”, such as loans, leases, receivables, mortgages and licensing agreements, which may or may not reference property or other hard assets. Asset categories include corporate, consumer, real estate, transportation, equipment, infrastructure, energy, intellectual property and other esoteric types. On behalf of ABF funds and clients, Oaktree
- Purchases, or commits to purchase, assets, with or without leverage
- Lends, or commits to lend, secured by assets, in a senior or mezzanine position
- Insures, or provides capital relief against, assets
- Provides essential capital to a business primarily engaged in the origination and servicing of assets
While Oaktree has significant experience successfully investing client capital in ABF opportunities as a sub-allocation to existing funds, Oaktree ABF represents Oaktree’s first client offering dedicated to ABF. Based on the expanding ABF opportunity set and client demand, Oaktree ABF is expected to grow significantly. Oaktree judges the ABF Strategy’s success and value by outcomes delivered to clients, consistent with or exceeding expectations, over the medium and long term.
Overview Of Role & Qualifications
Oaktree seeks an experienced ABF investor to lead all phases of the private ABF investment process in Europe, supervising more junior analysts and to serve as a subject matter expert in a number of ABF verticals and competencies. This professional would be the first ABF team member to join Oaktree’s existing London office.
The individual will be responsible for the following:
- Gain a deep understanding Oaktree’s various funds and accounts available for ABF investments, including the constraints imposed by fund investment guidelines, regulatory capital considerations, regulators and Oaktree’s internal policies and procedures.
- Network and build relationships with investment professionals in Oaktree’s London office while working closely with ABF colleagues in Los Angeles and New York.
- Lead calls and meetings, both virtual and in-person, with asset originators, borrowers, sellers and their respective advisors, exposing key risks and opportunities, taking careful notes.
- Supervise, train and assist more junior ABF analysts as they collect, evaluate, organize and summarize the initial information which accompanies an ABF opportunity such as teasers, pitch decks, meetings or emails.
- Source ABF investment opportunities which fit the targeted risk-return parameters of Oaktree’s ABF strategy. Recognizing that Oaktree sources opportunities and leads through a variety of internal and external channels, the ABF Senior Vice President will follow up on introductions and inquiries of potential relevance to the ABF strategy in Europe.
- For those opportunities determined to be potentially attractive for Oaktree funds and clients, the candidate will lead diligence, negotiation of terms and documentation, building models and preparing investment memoranda for consideration by the ABF investment committee.
- Supervise more junior analysts in the monitoring, surveillance and valuation of existing investments.
- Partner with various Oaktree colleagues to arrange financing or issue securitizations.
- Present information about investments, both actual and considered, to partners such as clients, prospects, financing providers and co-investors.
- Contribute to the evaluation of traded European ABS opportunities.
Experience Required:
- 9+ years’ experience originating, negotiating, analyzing and structuring private asset backed investments for an investment manager, specialty lender or investment bank, across multiple collateral types.
- Command of fixed income fundamentals and deep understanding of the risks, mitigants and attributes of various contractual asset types.
- Experience supervising more junior analysts.
- Facility with Excel and PowerPoint.
- Strong experience reviewing financial agreements, which govern asset backed investments, for relevant business points and to find answers to specific questions.
- Experience executing private asset backed investments (without relying on an arranging bank to structure the investment) preferred, but not required.
Personal Attributes:
- Clever, curious, resourceful, enjoys solving problems
- Driven, productive, responsible
- Focused on consistency, avoiding bad outcomes and long-term results for clients, Oaktree and the Oaktree ABF strategy
- Team oriented, high integrity, friendly, empathetic, outgoing
- Professional, sophisticated communicator in a variety of formats
- Effective teacher
Education:
Bachelor’s Degree from a top university with a record of academic excellence
Equal Opportunity Employment Policy
Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.
For positions based in Los Angeles
For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.
