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Joining Forces to Serve
Investors and Advisors

OppenheimerFunds and The Carlyle Group formed a joint venture1 with one simple goal: to provide investors with access to products that were previously available only to institutions. The venture combines Carlyle’s global investing reach and expertise with OppenheimerFunds’ broad product structuring and distribution capabilities.

Both companies are known for client-centric missions: at Carlyle, “Invest wisely. Create value.” and at OppenheimerFunds, “The Right Way to Invest.” We have more than 90 years of combined experience and, in that time, have individually demonstrated investing acumen, earning the trust and respect of clients around the world. With this joint venture, we are bringing together dedicated resources, well-honed risk management skills, and an absolute commitment to governance, oversight, and investor advocacy to deliver unique products to a discerning audience.

1. OC Private Capital is a U.S. registered investment adviser formed as a joint venture between affiliates of OppenheimerFunds and The Carlyle Group.

Founded: 1959

AUM: $214 billion

Global Credit AUM: $54 billion

Founded: 1987

AUM: $216 billion

Global Credit AUM: $44 billion

  • Joint portfolio allocation advisory committee
  • Exemptive relief for co-investment2
  • $100 million Sponsor contribution3
  • Each firm focusing on its area of expertise
  • Best in class client servicing platform
  • Aligned interests to serve investors

Source: The Carlyle Group AUM is shown as of December 31, 2018 and the OppenheimerFunds AUM is shown as of December 31, 2018. (2) On January 17, 2018, the SEC granted an Exemptive Order permitting the Fund to co-invest alongside Carlyle’s business development companies, Carlyle-advised private funds and Carlyle’s broker-dealer subsidiaries and/or proprietary accounts, in investments originated or negotiated by Carlyle Global Credit Investment Management, LLC, the Fund’s sub-adviser, or its affiliated advisers, subject to the conditions set forth in the Exemptive Order. (3) Targeted OFI and Carlyle seed investment.

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