Oaktree Gardens OLP amends operating agreement to allow European investments up to 20%

Oaktree Gardens OLP, LLC

Amendment permits up to 20% of capital commitments to be invested in European-based portfolio companies.
Previously, the company's investment restrictions prohibited any European investments.
Amendment effective June 30, 2025; entered into on that date and reported on July 3.
The amendment modifies the Amended and Restated LLC Operating Agreement dated May 4, 2023.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Oaktree Gardens OLP, LLC: Amended operating agreement to allow up to 20% of capital commitments to be invested in European portfolio companies (effective 2025-06-30).

Change: charter amendment
Effective: 2025-06-30

Exact text from the filing

On and effective as of June 30, 2025, Oaktree Gardens OLP, LLC (the “Company”) entered into a first amendment (the “Amendment”) to its amended and restated limited liability company, dated May 4, 2023, to, among other things, allow up to 20% of capital commitments to be invested in securities or obligations of portfolio companies that are based in Europe (as determined in good faith by the Company’s investment adviser).

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Source: SEC EDGAR

accession 0001193125-25-155489

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