Overview
OCO, a Delaware limited partnership, was founded by Samuel Martini and Eric
Schneider in 2018. Previously, Messrs. Martini and Schneider managed the OCO Credit
Opportunities funds (the “OCO Credit Funds”), which started investment operations in
June 2013 as opportunistic funds, with an emphasis on wide ranging credit investments.
Historically, the OCO Credit Funds were managed by Omega Advisors, Inc. On January
1, 2019, the OCO Credit Funds began to be managed by OCO, under the name OCO
Opportunities Master Fund, LP (“OCO Opportunities Fund”). As of the date of this
Brochure, Samuel Martini is the majority owner and controller of OCO.
The OCO Opportunities Fund seeks to generate current income and attractive risk-
adjusted returns by investing in a variety of structured credit, corporate credit, other
specialty finance and/or similar yielding instruments and equities. OCO believes that it is
able to opportunistically deploy capital across a wide variety of instruments in order to
generate value. There can be no assurance that the OCO Opportunities Fund’s
investment objective will be met.
The OCO Opportunities Fund consist of one master-feeder fund structure consisting of a
Cayman Islands exempted limited partnership as the master fund (the “Master Fund”)
with a Cayman Islands exempted company (the “Offshore Fund”) and a Delaware limited
partnership (the “Onshore Fund”) acting as feeder funds. OCO Capital Partners GP LP
serves as the general partner of the Master Fund (the “General Partner”), as well as the
Onshore Fund.
The Onshore Fund is open only to “qualified purchasers” as that term is defined in
Section 2(a)(51) of the Investment Company Act of 1940, as amended (the “Investment
Company Act”), and the rules promulgated thereunder.
Shares of the Offshore Fund are being offered to
(i) persons who are not “U.S. Persons”
as described in the Fund’s Confidential Memorandum (“Non-U.S. Persons”) and (ii) U.S.
Persons subject to the U.S. Employee Retirement Income Security Act of 1974, as
amended (“ERISA”), or otherwise exempt from payment of U.S. Federal income tax
(collectively, “Permitted U.S. Persons”).
The Offshore Fund, the Onshore Fund and the Master Fund are collectively referred to
herein as the “Fund” unless the context requires otherwise. The General Partner has
delegated day-to-day investment management and administrative responsibility to OCO.
While prospective shareholders should carefully read the Fund’s Confidential
Memorandum, dated January 2019, the contents should not be considered to be legal or
tax advice. Each prospective shareholder should consult with its own counsel and
advisors as to all matters concerning an investment in the Fund.
In no event should this Brochure be considered to be an offer of interest in the Fund or
relied on in determining to invest in the Fund. It is also not an offer of, or agreement to
provide, advisory services directly to any recipient of the Brochure. Rather, this
Brochure is designed solely to provide information about OCO for the purpose of
compliance with certain obligations under the Investment Advisers Act of 1940, as
amended (the “Advisers Act”), and, as such, responds to relevant regulatory requirements
under the Advisers Act, which may differ from the information in the offering documents
for the Fund.
To the extent that there is any conflict between any discussion in this Brochure regarding
the Fund and similar or related discussions in offering documents for the Fund, the
offering documents for the Fund shall govern.
As of December 31, 2023, OCO managed $406,922,896 of client assets on a
discretionary basis.