Episode Details

Oaktree Capital Managements private credit fund is fully honoring redemption requests, setting it apart from peers. The fund plans to repurchase about 6.8% of outstanding shares, while its parent company will buy another 1.7% to cover everything. The private credit sector faces scrutiny over lending practices and valuations, but Oaktree views the turbulence as a normal market correction. The fund has reset its monthly dividend and holds $1.8 billion in cash and credit lines, offering investors reassurance amid industry recalibration.

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