T. Rowe Price OHA Select Private Credit Fund Surveillance Report
Company Profile
T. Rowe Price OHA Select Private Credit Fund (“OCREDIT” or “the company”) is a non-diversified, perpetual-life, closed-end management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940. OCREDIT has elected to be treated, and intends to qualify annually, as a regulated investment company (“RIC”) for federal tax purposes.
The company is externally managed by OHA Private Credit Advisors LLC (“the Adviser”), a subsidiary of Oak Hill Advisors, L.P. (“OHA”). OHA manages approximately $111 billion of capital across multiple credit strategies, and in 2021, was acquired by T. Rowe Price Group Inc. (NASDAQ: TROW), a global asset manager with $1.8 trillion in AUM as of December 31, 2025.
As a continuously offered, perpetual-life non-exchange traded BDC with no scheduled liquidity event, the company raises capital monthly from accredited investors and institutions and offers…
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