OHA Announces Final Close of $17.7 Billion of Total Available Capital for Senior Private Lending Strategy
Rhea-AI Summary
Oak Hill Advisors (TROW) announced the final close of OHA Senior Private Lending Fund (OLEND), the firm's first dedicated senior private lending strategy, with $17.7 billion of total available capital and $8.0 billion of equity commitments as of December 11, 2025.
OLEND will target first‑lien and unitranche loans to companies with >$75 million EBITDA, invest primarily in North America across industries OHA views as recession‑resistant, and leverage OHA’s underwriting experience and specialist teams to deploy capital.
Positive
- Total available capital of $17.7B
- Equity commitments totaling $8.0B
- Strategy targets companies with >$75M EBITDA
- Focus on first‑lien and unitranche loans
Negative
- None.
Details
News Market Reaction – TROW
On Dec 11, the day this news came out, TROW closed 1.35% above the previous close.
Data tracked by StockTitan Argus for the Dec 11 session.
Key Figures
- Total available capital
- $17.7 billion
- OLEND and related vehicles senior private lending strategy
- Equity commitments
- $8.0 billion
- OLEND senior private lending equity capital
- Target company size
- >$75 million EBITDA
- EBITDA threshold for OLEND borrowers
- Firm history
- More than 3 decades
- OHA experience investing in leveraged finance markets
Historical Context
-
Global survey of over 7,000 savers on retirement expectations and risks.
-
Financing package totaling $200 million to support Omni Fiber expansion.
-
Experts shared 2026 global financial market outlook and portfolio tilts.
-
C-suite podcast episode on global health care transformation and chronic disease.
-
Launch of Season 5 of ‘Confident Conversations on Retirement’ podcast series.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
unitranche loans financial
ebitda financial
leveraged finance financial
private credit market financial
sovereign wealth funds financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
New York, New York, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”), a leading global credit-focused alternative asset manager, announced the final close of OHA Senior Private Lending Fund (“OLEND”), the first vintage of OHA’s dedicated senior private lending strategy. OLEND and its related vehicles have raised
OLEND seeks to capitalize on the growing opportunity for direct lending to larger companies, focusing on first lien and unitranche loans to companies with greater than
“OLEND is OHA’s largest flagship fundraise in our history,” said Glenn August, Founder and Chief Executive Officer at OHA. “The team is looking forward to seizing on the market opportunity in senior private lending, and we are grateful for our partnership with existing and new investors.”
OHA has invested hundreds of billions of dollars in the leveraged finance markets for more than three decades and has established a strong position in the private credit market. OLEND will seek to expand this legacy by leveraging OHA’s deep underwriting expertise and focus on downside protection to deploy capital.
“OLEND is a natural extension of OHA’s established credit investing platform, which has evolved significantly over recent years to capitalize on the accelerated growth of the private credit market and the attractive relative value of unitranche financings,” said Alan Schrager, Portfolio Manager and Senior Partner at OHA. “As market dynamics have become increasingly conducive to new leveraged buyout transactions and corporate growth initiatives, we believe OLEND is well-positioned to capitalize on increased deal flow.”
OLEND’s investor base reflects a diverse range of global investors, including pension funds, sovereign wealth funds, insurance companies, endowments and family offices. OHA’s partnership with T. Rowe Price contributed meaningfully in this fundraise and has been helpful in forging new relationships to enhance the platform. OLEND is positioned with substantial purchasing power, which OHA believes enables the firm to continue demonstrating transaction leadership and investing with conviction in higher quality private credit opportunities.
“We believe OLEND’s breadth of investors reflects the fund’s versatility, as well as the compelling investment opportunity in senior direct lending,” said Eric Muller, Portfolio Manager and Partner at OHA. “We look forward to deploying fund capital with an investment strategy that seeks to deliver consistent returns and create long-term value for our investors.”
###
About OHA: OHA is a leading global credit-focused alternative asset manager with over 30 years of investment experience. OHA works with institutions and individuals and seeks to deliver a consistent track record of attractive risk-adjusted returns. The firm has approximately
With over 420 experienced professionals across six global offices, OHA brings a collaborative approach to offering investors a single platform to meet their diverse credit needs. OHA is the private markets platform of T. Rowe Price Group, Inc. (NASDAQ – GS: TROW). For more information, please visit www.oakhilladvisors.com.
Natalie Harvard, Head of Investor Relations & Partner Oak Hill Advisors, L.P. 212-326-1505 nharvard@oakhilladvisors.com Kristin Celestino, Vice President, Public Relations Oak Hill Advisors, L.P. 817-215-2934 kcelestino@oakhilladvisors.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.