Paul, Weiss client Oaktree Capital Management, L.P.'s (Oaktree)
Oaktree Enhanced Income Fund (EIF), a private equity fund investing
in leveraged loan assets, closed Oaktree Enhanced Income Funding
Series III, Ltd., a $655.2 million collateralized loan-type
obligation. This is EIF's third fund series, having already closed
the $379.5 million Oaktree Enhanced Income Funding Series I, Ltd.
on October 26, 2012 and the $761.6 million Oaktree Enhanced Income
Funding Series II, Ltd. on March 28. Wells Fargo Securities, LLC,
Mitsubishi UFJ Securities (USA), Inc., and GreensLedge Capital
Markets LLC acted as placement agents.