T. Rowe Price Broadens Alternative Investment Suite With OFLEX Launch T. Rowe Price Group, Inc. and Oak Hill Advisors have launched the T. Rowe Price OHA Flexible Credit Income Fund (OFLEX), expanding their alternative investment offerings for U.S. wealth clients. This marks another step in their strategy to diversify credit solutions and meet growing demand for income-generating, risk-managed investments. OFLEX is a multi-strategy credit interval fund that invests across the credit spectrum, including private and public markets. It provides exposure to direct lending, asset-based finance, junior capital solutions, collateralized loan obligations (CLOs), liquid credit, and special situations. Structured as an interval fund, it offers daily availability and quarterly liquidity through repurchase offers of at least 5% of outstanding shares at net asset value. This structure allows investors to access less-liquid private credit opportunities while maintaining some liquidity. The fund follows an “all-weather” approach, aiming to generate premium yields and capitalize on opportunities across varying market conditions, including volatility and rising interest rates. This flexibility enables the investment team to dynamically allocate capital across credit markets based on opportunities and economic shifts. By combining multiple credit strategies into a single solution, OFLEX provides a diversified entry point into alternative credit with a focus on stable income and downside risk management. The launch of OFLEX builds on T. Rowe Price’s 2021 acquisition of Oak Hill Advisors, which accelerated its expansion into alternative investments and established OHA as its private markets platform. Earlier in 2024, the firms introduced the T.#t_rowe_price #oak_hill_advisors #oflex #t_rowe_price_oha_select_private_credit_fund #aspida_holdings_ltd
