Oaktree completed the investment in 17Capital.

Oaktree, an American global asset management firm specializing in alternative investment strategies, completed the investment in 17Capital, a global private equity specialist. Financial terms were not disclosed. "Our strategic partnership with Oaktree realizes the vision we had 15 years ago when we created 17Capital. It marks the start of an exciting new stage in our development. The market for NAV financing is growing at a double-digit rate, with increased adoption by private equity managers and investors alike. We look forward to strengthening our position as a leader in the fund finance market by working with Oaktree’s extensive network in North America and around the globe," Pierre-Antoine de Selancy, 17Capital Managing Partner.