Oaktree Specialty Lending closed its previously announced merger with Oaktree Strategic Income Corporation (OCSI), with Oaktree Specialty Lending as the surviving company.
Oaktree Specialty Lending and Oaktree Strategic Income are merging, with Oaktree Specialty Lending as the surviving company. Oaktree Fund Advisors waived a total of $6 million of management fees for two years following closing in support of the merger.
Portman Ridge Finance and Garrison Capital have merged. The combined company will be externally managed by Sierra Crest Investment Management.
Keefe, Bruyette & Woods, a full-service, boutique investment bank and broker-dealer, added Brian Wornow as managing director in the Financial Services Investment Banking Group. He is based in the firm’s New York office.