Latham & Watkins Advises OIC on Approximately US$1.58 Billion Fund Formation

OIC has announced the successful final close of OIC Credit Opportunities Fund IV with total commitments of approximately US$1.58 billion. The fund closed 43% above its US$1.1 billion target, reflecting strong investor demand while maintaining OIC’s disciplined focus on middle-market infrastructure credit.

Latham & Watkins LLP represented OIC in the fund formation with an Investment Funds team led by Washington, D.C. partner Amy Rigdon and New York partner Oliver Prakash-Jenkins, with associates Jason Xi, Michael Arnold, Lexi Santa Ana, Gabe Pugel, Chandler Johnson, and Josh Cape. Advice was also provided on tax matters by New York partner Greg Hannibal and New York counsel Lauren Bewley, with associate Jack Santoro; on regulatory matters by Chicago partner Laura Ferrell, with associate Haley Hohensee; and on ERISA matters by Washington, D.C. partner Adam Kestenbaum.