Fund database › Private Credit
Oaktree Capital Management, L.P. bzw. Oaktree Fund Advisors, LLC · LU2961425068
Part II SICAV Private Credit Luxembourg Article 8 32 share classes ↓ Direct Lending
So far only a single unit price is documented — too little for a chart. The series grows with every data update.
These come from the factsheet, the PRIIPs KID or the monthly report. They may relate to a different reference date, a different share class or a longer period than the series above — the series starts with the first documented unit price, not necessarily with the launch. That is why the values sometimes differ.
| Performance 12M · as at 31 Mar 2026 | 4.49% |
| Since launch p.a. · as at 31 Mar 2026 | 5.12% |
Target return per the provider: No target return - 'The Fund is not managed in reference to any benchmark index'
Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.
What the fund does and how the portfolio is put together.
Risk indicator 5 of 7 from the key information document (1 = low, 7 = high); it captures liquidity risks only to a limited extent.
Portfolio breakdown
Broken down using semiliquid’s common taxonomy — provider labels are mapped onto shared categories so that funds can be compared. Only published figures are used; nothing is estimated.
Strategy
As at 31 Mar 2026
seniority of security
The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.
| Management fee | 1.25% |
| Total ongoing costs | 2.73% |
| Entry charge max. | 0.00% |
| Redemption fee | 2.00% |
| Performance fee | 12.50% |
| Hurdle rate | 5.00% |
| High-water mark | not documented |
Median across 23 funds in this asset class in our database, based on the PRIIPs KID. No statement about quality — cost structures differ depending on the strategy and on target-fund layers.
How you get into the fund, and on what terms.
Monthly ('Subscriptions: Monthly'; NAV Frequency: Monthly)
Semi-liquid means redemption only on fixed dates, with notice periods and upper limits. This is how it works for this fund — in the order the redemption process runs.
Units can be redeemed quarterly; notice must be given 35 days before the date; on each date the fund redeems at most 5 % of fund assets; for the first 12 months after subscription no redemption is possible.
The gate caps redemptions at 5 % of fund assets per date. If more investors want out at the same time, orders are scaled back pro rata or deferred to the next date.
From the notice being received to the money reaching your account: typically around 35 to 127 days — depending on how far away the next redemption date is. If the gate bites or redemptions are suspended, it can take considerably longer.
'Quarterly with 30 days' notice, limited to 5% of common shares outstanding.' Liquidity only via the share repurchase plan, which has quarterly limits and can be suspended without notice; units are otherwise not redeemable
Quarterly redemption (withdrawal date = last calendar day of the quarter), limited to 5 % of the aggregate NAV of the units outstanding (so the KIDs; the fund flyer puts it differently as "5% of common shares outstanding" — the KID is authoritative). Application deadline 35 calendar days before the withdrawal date (the flyer differs and states 30 days). Early repurchase deduction of 2.00 % on units held for less than 12 months (= soft lock-up). Requests may be accepted in whole or in part, deferred, queued or rejected.
30 days ('Quarterly with 30 days' notice')
No hard lock-up; soft lock in the form of a redemption fee of 2 % of NAV on redemption within 12 months of the units being issued
The score measures only the contractual redemption mechanics (the higher, the more flexible) — not whether the fund actually stays liquid under stress. Weightings in per cent.
32 classes known. All cost and risk figures on this page apply to LU2961425068. Minimum investment by class EUR 25,000 – EUR 50,000.
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU2961425068 | basis of this page | EUR 25,000 | 2.73% | 5/7 |
| LU2961425571 | documented | EUR 25,000 | 2.00% | 5/7 |
| LU2961425902 | documented | EUR 50,000 | 2.00% | 5/7 |
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU2987796419 | documented | EUR 25,000 | 2.00% | 5/7 |
| LU2961425142 | documented | EUR 25,000 | 2.80% | 5/7 |
| LU2961425654 | documented | EUR 25,000 | 2.80% | 5/7 |
| LU2961426033 | documented | EUR 50,000 | 2.80% | 5/7 |
| LU2987796500 | documented | EUR 25,000 | 2.80% | 5/7 |
| LU2961425225 | documented | EUR 25,000 | 2.00% | 5/7 |
| LU2961425738 | documented | EUR 25,000 | 2.00% | 5/7 |
| LU2961426116 | documented | EUR 50,000 | 2.00% | 5/7 |
| LU2987796682 | documented | EUR 25,000 | 1.98% | 5/7 |
| LU2961425498 | documented | EUR 25,000 | 2.80% | 5/7 |
| LU2961425811 | documented | EUR 25,000 | 2.80% | 5/7 |
| LU2961426207 | documented | EUR 50,000 | 2.80% | 5/7 |
| LU2987796765 | documented | EUR 25,000 | 2.80% | 5/7 |
| LU2988695602 | documented | EUR 25,000 | not documented | not documented |
| LU2988696089 | documented | EUR 25,000 | not documented | not documented |
| LU2988696592 | documented | EUR 50,000 | not documented | not documented |
| LU2988696915 | documented | EUR 25,000 | not documented | not documented |
| LU2988695784 | documented | EUR 25,000 | not documented | not documented |
| LU2988696162 | documented | EUR 25,000 | not documented | not documented |
| LU2988696675 | documented | EUR 50,000 | not documented | not documented |
| LU2988697053 | documented | EUR 25,000 | not documented | not documented |
| LU2988695867 | documented | EUR 25,000 | not documented | not documented |
| LU2988696246 | documented | EUR 25,000 | not documented | not documented |
| LU2988696758 | documented | EUR 50,000 | not documented | not documented |
| LU2988697137 | documented | EUR 25,000 | not documented | not documented |
| LU2988695941 | documented | EUR 25,000 | not documented | not documented |
| LU2988696329 | documented | EUR 25,000 | not documented | not documented |
| LU2988696832 | documented | EUR 50,000 | not documented | not documented |
| LU2988697210 | documented | EUR 25,000 | not documented | not documented |
Who stands behind the fund, who it is authorised for — and what the figures rest on.
Manager/AIFM: LFE European Asset Management S.à r.l. (trading as 'Brookfield Oaktree Wealth Solutions'), RCS Luxembourg B198087, 26A Boulevard Royal, L-2449 Luxembourg. Adviser: Oaktree Fund Advisors, LLC. Structure: feeder into a master fund managed by the adviser (Luxembourg FCP-RAIF), which invests predominantly in an underlying fund. Fund: Brookfield Oaktree Wealth Solutions Alternative Funds S.A. SICAV-UCI Part II, RCS B273287. Oaktree key figures as at 31 Mar 2026: USD 224bn AUM, of which USD 161bn credit AUM, 273 credit specialists, 30 years' experience
Initial launch of classes A1/A2/A4/C1/C4 as at 31 Jan 2025 (fund page; the factsheet states 1 Feb 2025 = first valuation day). Further classes staggered: C2 28 Feb 2025, C1-F 30 Apr 2025, A2-F 31 May 2025, D1 + D3-F 31 Jul 2025, B1 31 Aug 2025, A1-F 31 Oct 2025, B2 30 Nov 2025.
'The Fund is registered for distribution to professional investors only in EU/EEA countries.' EEA: professional investors - exceptions Germany (semi-professional; expressly no distribution to German retail investors) and Italy (retail subject to additional conditions). UK: investment professionals/HNW/sophisticated investors (unregulated collective investment scheme, notification under Reg. 59 AIFM Regulations 2013). Singapore: institutional and accredited investors; Hong Kong and UAE: professional investors; Australia: wholesale clients; South Korea: qualified professional investors; Taiwan: professional institutional investor/HNW corporate investor. The document is 'exclusively addressed to selected Financial Intermediaries'
AIFMD notification for Luxembourg and further EEA Member States (Art. 31/32 AIFMD). PRIIPs KIDs available in English, Dutch, German and Italian as well as a UK version; country-specific distribution notices for DE, IT, MC, CH, UK, HK, UAE/DIFC, JP, KR, TW, TH, SG
Three-tier structure with multi-level charging: SICAV feeder (Brookfield Oaktree Wealth Solutions Alternative Funds S.A. SICAV-UCI Part II) → underlying fund → master fund. A management fee of 1.25 % p.a. and the variable management share (12.5 %) are charged at the underlying fund and master fund levels; at the feeder level administration, depositary and (for B/D) distribution costs are added. The 0.85 % of classes B and D is the servicing fee of the distribution classes, not the management fee. Ongoing costs according to the KID: A/C classes 2.0 %, B/D classes 2.9 % p.a.
All figures come from our analysis of provider documents (product data as at 19 Aug 2026, distribution data as at 12 Aug 2026) and have not been conclusively verified.
Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.
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