Oaktree established the European Private Debt strategy in 2013 to capitalize on opportunities resulting from the decline in European bank lending. The strategy seeks to achieve attractive, risk-adjusted absolute returns by making primary debt investments in European companies. Our focus is on companies with which we are familiar and industries in which we have significant experience, knowledge and deep relationships across the continent. We believe this creates a distinct competitive advantage.
Oaktree invests in the high-yielding debt or preferred equity of healthy companies that require liquidity for acquisitions, buyout of minority investors, debt restructurings, recapitalizations or acquisitions of hard assets. Such investments are not expected to result in substantial influence or control. The strategy benefits from the expertise of our European Principal Group which combines a fundamental, value-driven, opportunistic approach with local country teams and senior advisors in each of its target markets.