Brand management company WHP Global received $150 million in equity commitment from funds managed by Oaktree Capital Management LP.

The additional capital brings the Los Angeles-based investment management firm's total investment in WHP to $350 million.

Platform Founder Group LLC also committed $10 million to WHP. The investor is partly owned by WHP Chairman and CEO Yehuda Shmidman and WHP's management team.

WHP acquires and manages consumer brands such as women's wear retailer Anne Klein.

The company also said it closed the acquisition of Joseph Abboud with financing from BlackRock. The men's fashion brand was acquired for $115 million, CNBC reported. Tailored Brands Inc. will continue to sell and rent Joseph Abboud in some parts of the U.S. and Canada.