📈 Business
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Bloomberg
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Oaktree to Honor All Redemptions From $7.7B Credit Fund
Oaktree Capital Management will meet all redemption requests received for its $7.7 billion private credit fund aimed at retail investors. The firm chose not to enforce a cap on withdrawals, aligning itself with managers who have opted for full liquidity. The decision is notable given the current pressures facing private credit markets.
Oaktree Capital Management is meeting all redemption requests it received for a $7.7 billion private credit fund aimed at retail investors, siding with managers that have decided against enforcing a cap on withdrawals.