Oaktree has completed the acquisition of 17Capital, a provider of non-dilutive capital to high-quality private equity management companies, funds and institutional investors that are seeking to finance value creation and portfolio management initiatives.

Oaktree is a specialist among global investment managers fosued on alternative investments, including credit, private equity, real assets and listed equities.

This strategic partnership will give 17Capital access to Oaktree’s deep global network and add to Oaktree’s extensive suite of private capital solutions. 17Capital, which is headquartered in London, will continue to operate as an independent business, with its own product offerings and investment, marketing, and support teams.

Read more: Private Equity Wire