Oaktree Capital completed a $200m investment in Ashford Hospitality Trust.

Private equity firm Oaktree Capital completed a $200m investment in Ashford Hospitality Trust, a real estate investment trust focused on investing predominantly in upper upscale, full-service hotels. "We're excited to announce the closing of this strategic financing with Oaktree and believe this partnership will be beneficial for the Company going forward. With this important financing now closed and vaccine distribution ramping up, we look forward to getting our hotels back to profitability and focusing on growth," J. Robison Hays, Ashford Trust President and CEO.