Brookfield Oaktree Wealth Options has launched its first open-ended credit score fund in Australia aimed toward wholesale buyers.
The Oaktree Strategic Credit score Fund includes a diversified portfolio of income-generating personal credit score investments with selective allocations to public debt, notably in periods of market dislocation.
It’s Brookfield Oaktree’s first personal credit score fund for the Australian wealth market.
Learn extra: Oaktree launches semi-liquid personal credit score fund for wealth market
“Australian buyers want to personal credit score investments to diversify their portfolio and generate steady present earnings with long-term capital appreciation potential,” stated Jeremy Corridor (pictured), head of worldwide at Brookfield Oaktree Wealth Options.
“We sit up for coming into the market with a differentiated personal credit score resolution, which adopts a dynamic ‘all climate’ strategy to navigate altering credit score cycles throughout the credit score continuum globally, backed by Oaktree’s three many years of credit score experience.”
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The fund is managed by Oaktree and distributed by Brookfield Oaktree Wealth Options.
Brookfield and Oaktree handle greater than $1tn (£0.8tn) in mixed belongings, invested throughout a variety of liquid, semi-liquid and personal methods throughout actual property, infrastructure, credit score and personal fairness.
Channel Funding Administration is performing because the accountable entity and funding supervisor for the fund.
Learn extra: Brookfield Credit score invests $1bn in 17Capital’s personal credit score methods