Disclosures


This page contains certain additional regulatory and other disclosures applicable to Oaktree Capital Group, LLC and its subsidiaries and affiliates.

Business Continuity Plan

OCM Investments, LLC maintains a business continuity plan allowing it to meet its responsibilities to its clients in the event of a business disruption. The plan is available here.

UK Modern Slavery Act

Oaktree Capital Management (UK) LLP (“Oaktree UK”) is a subsidiary of Oaktree Capital Group, LLC. Oaktree UK is a limited liability partnership incorporated under the laws of England and Wales and is authorised and regulated by the Financial Conduct Authority in the United Kingdom. Oaktree UK’s Modern Slavery Act Statement for the financial year ending 31 December 2018 is available here and for the financial year ending 31 December 2019 is available here.

MiFID II – Best Execution

Oaktree Capital Management (UK) LLP, Oaktree Capital Management (Europe) LLP, and Oaktree Capital Management (International) Limited are subsidiaries of Oaktree Capital Group, LLC. They are authorised and regulated by the Financial Conduct Authority in the United Kingdom. Best execution disclosures required under RTS 28 of the Directive 2014/65/EU in financial instruments (“MiFID II”) for these firms are available here.

UK Tax Strategy Statement

Oaktree has worldwide operations, including in the UK, where operations are primarily undertaken through Oaktree Capital Management (UK) LLP, Oaktree Capital Management (International) Ltd and Oaktree Capital Management (Europe) LLP. Oaktree has prepared and published this statement setting out the tax strategy of Oaktree's UK group entities in accordance with the obligations under the relevant paragraphs of Schedule 19, Finance Act 2016. The statement is available here.

Shareholder Rights Directive II & UK Stewardship Code

On occasion, Oaktree Capital Management (UK) LLP, Oaktree Capital Management (International) Limited and LFE European Asset Management S.à r.l. may invest client funds in the equity of companies listed on UK and EEA regulated markets or comparable non-EEA markets. These equity investments are typically incidental to credit financing activities such as debt-to-equity swaps. In some cases, these equity investments are in furtherance of a client’s control strategy, although such investments are limited relative to all investments made by Oaktree on behalf of its clients. As such, none of these firms have developed an engagement policy in accordance with the European Shareholder Rights Directive II (Directive 2007/36/EC as amended by Directive 2017/828) (SRD II). However, they will review this position if appropriate which will most likely depend upon the nature of investments they make on behalf of their clients. For the same reason, none of Oaktree Capital Management (UK) LLP, Oaktree Capital Management (Europe) LLP, or Oaktree Capital Management (International) Limited commits to comply with the UK Stewardship Code.