Distressed Investing Slowed by 'Too Good' Economy: Oaktree's Marks

The video discusses Oak Tree's newest distressed fund, which is four years old and was raised in 2015. Despite being one of the largest funds, only 30% has been invested due to a strong economy and generous capital markets. This environment makes it difficult for healthy companies to fall into distress, although some sectors like retail and energy are experiencing challenges.

What is notable about Oak Tree's newest distressed fund?

• It was raised on a standby basis.

• It has already been fully invested.

• It was raised in 2020.

• It is the smallest fund to date.

How old is the newest fund mentioned in the transcript?

• Two years old

• Five years old

• Three years old

• Four years old

What percentage of the reserve fund has been invested so far?

• 30%

• 20%

• 10%

• 40%

Why is the distressed market currently slow according to the transcript?

• The economy is too weak.

• Many companies are in trouble.

• Capital markets are generous.

• There is a lack of funds.

Which industries are experiencing some distress despite the overall market conditions?

• Finance and real estate

• Automotive and agriculture

• Technology and healthcare

• Retail and energy