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Opalesque Industry Update - Oaktree has completed its acquisition of a majority interest in 17Capital, as previously announced on March 9, 2022. 17Capital specializes in providing non-dilutive capital to high-quality private equity management companies, funds and institutional investors that are seeking to finance value creation and portfolio management initiatives. Oaktree is a leader among global investment managers specializing in alternative investments, including credit, private equity, real assets and listed equities. This strategic partnership will give 17Capital access to Oaktree's deep global network and add to Oaktree's extensive suite of private capital solutions. 17Capital, which is headquartered in London, will continue to operate as an independent business, with its own product offerings and investment, marketing, and support teams. Simpson Thacher & Bartlett acted as advisor for Oaktree. 17Capital was advised by Evercore and Kirkland & Ellis. Oaktree has $164 billion in assets under management as of March 31, 2022.
Press release
Related article:
21.Apr.2022
Oaktree-backed 17Capital racks up $2.9bn for inaugural credit fund
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Industry Updates
Oaktree completes acquisition of majority interest in 17Capital
Wednesday, July 20, 2022
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