Oaktree Strategic Credit

Oaktree Strategic Credit is an open-ended SICAV domiciled in Luxembourg and managed by Brookfield, launched in 2025 and denominated in USD. It is authorised under the UCI Part II regime and is classified as a Non-ELTIF vehicle, so its pan-European distribution to both professional and retail investors rests on national private-placement and registration routes rather than the ELTIF passport. The mandate is private debt, executed through a direct lending approach, with exposure spread across the regions shown in ; reported assets stand at .

The evergreen structure is built around periodic dealing rather than a drawdown schedule. Net asset value is struck monthly, subscriptions are accepted monthly, and redemptions are processed quarterly subject to a notice period of 30 days, with a soft lock-up applying to units in the period immediately following subscription. The minimum commitment is 25,000 USD, placing the vehicle within reach of wealth and advisory channels as well as institutional allocators. Fees are charged as a management fee of alongside a performance fee of , and the fund carries a summary risk indicator of 5, consistent with the credit and liquidity profile of a semi-liquid private debt portfolio in which redemption capacity depends on underlying loan repayments and secondary activity.

Within the coverage universe of 494 vehicles as of 31 Aug 2026, the fund is one of 148 private debt strategies and one of 347 funds domiciled in Luxembourg; the intersection of those two groups numbers 108, which is the set against which its terms, fee levels and dealing mechanics are most directly comparable.