Oaktree launches semi-liquid private credit fund for wealth market
Oaktree has launched a semi-liquid strategic private credit fund under the UCI Part II structure.
The fund will be distributed to private wealth individuals in Europe, LatAm and APAC via the Brookfield Oaktree Wealth Solutions platform.
The Oaktree Strategic Credit Fund (SICAV) is the second evergreen fund that has been launched for this market, following the Brookfield Infrastructure Income strategy which was rolled out in April 2024.
The new fund takes an all-weather approach, offering wealth investors access to a diversified portfolio of income-generating global private credit investments.
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“We are committed to bringing the best of both Brookfield and Oaktree’s alternative solutions to wealth investors across the globe,” said John Sweeney, chief executive of Brookfield Oaktree Wealth Solutions.
“The launch of additional strategies in our UCI Part II platform further signifies this commitment and we look forward to finding innovative ways to bring the two firms’ institutional capabilities and track records to the wealth channel.”
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Tara Newbery, Brookfield Oaktree Wealth Solutions’ managing director and head of legal EMEA and APAC, added: “We are delighted to expand our semi-liquid offering to include Oaktree’s strategic credit strategy.
“Our Luxembourg UCI Part II umbrella fund has been structured to offer our distribution partners multiple strategies through one operational onboarding process, allowing for swift onboarding of new strategies as they are added to the platform.”
Brookfield Oaktree Wealth Solutions was launched in April 2021 with the goal of expanding alternative investments to financial advisors and their clients, globally.
It currently offers a variety of liquid, semi-liquid, and private strategies across real estate, infrastructure, credit, and private equity.
Read more: Oaktree appoints head of EMEA insurance solutions
