Oaktree credit fund meets full 8.5% redemption requests

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Oaktree credit fund meets full 8.5% redemption requests

privateequitywire

2 months ago

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Oaktree Capital Management has elected to meet 100% of redemption requests in its Oaktree Strategic Credit Fund (OSC) for the first quarter, as liquidity pressures continue to test investor confidence across private credit markets, according to a report by Reuters.
The fund received redemption requests equivalent to 8.5% of shares and will repurchase approximately 6.8% of outstanding shares, with parent company Brookfield Asset Management reportedly acquiring a further 1.7% to fulfil total deman...

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