Oaktree Capital Management’s Strategic Credit Fund recorded redemption requests equivalent to 4.5 per cent of assets in the second quarter, below its key 5 per cent withdrawal limit, allowing it to fully meet investor demand.
The improvement represents a sharp turnaround from the previous quarter, when the non-traded business development company (BDC) – along with peers – saw a surge in withdrawal requests of up to 8.5 per cent. While this breached the 5 per cent quarterly limit, Oaktree met the requests in full.
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In a notice to shareholders, Oaktree said: “Oaktree Strategic Credit Fund (“OSC” or the “Fund”) received tender requests for approximately 4.5 per cent of shares outstanding, below the 5 per cent of shares outstanding offered in the quarterly tender that expired on June 12, 2026.
“As a result, 100 per cent of tender requests will be honoured in full. Since OSC launched in June 2022, the fund has fully satisfied all tender requests.”
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