Overview
A. General Description of Oxford Gate
Oxford Gate was formed in March 2018 to manage private investment funds that focus on
investing in the equity and junior debt tranches of collateralized loan obligations (“CLOs”), which
are securitization vehicles collateralized primarily by a diverse portfolio of senior secured loans
made to companies whose debt is unrated or is rated below investment grade (the “Senior
Loans”). It currently manages two private funds including one master-feeder structure consisting
of a Bermuda master, a Delaware feeder and a Bermuda feeder. It may in the future advise
additional funds or other clients including institutional separately managed accounts.
Oxford Gate is a limited-liability company majority-owned and controlled by Oxford
Funds, LLC. Oxford Funds is controlled by Jonathan Cohen and Saul Rosenthal.
B. Description of Advisory Services, Investment Strategies & Types of Investments
Oxford Gate provides discretionary investment management services to private funds (the
“Clients”). To service the Clients’ objectives and strategies, the members of Oxford Gate’s
investment team utilize the extensive and varied relevant experience of Oxford Gate’s investment
professionals. As of December 31, 2023, Oxford Gate Master Fund, LLC and the associated feeder
funds, Oxford Gate, LLC and Oxford Gate (Bermuda), LLC (collectively “OG”) and Oxford
Bridge II which consists of Class A, Class C and Class D sleeves (OB II) are Oxford Gate’s sole
clients. OB II commenced operation in October 2018 and OG commenced operations in November
2018.
Oxford Gate provides advisory services to each Client in accordance with an investment
advisory agreement with such client, the private placement memorandum, the limited liability
company agreement or limited partnership agreement (or analogous organizational document) of
such client (collectively, the “Governing Documents”). Oxford Gate’s advisory services consist of
investigating, identifying and evaluating investment opportunities, structuring, negotiating and
making investments on behalf of clients, managing and monitoring the performance of such
investments and disposing of such investments. The Clients’ primary objective is to maximize
risk-adjusted total returns.
C. Tailoring to Individual Needs and Investment Restrictions
With respect to OG and OB II, Oxford Gate does not tailor its advisory services to the
individual needs of investors in OG or OB II nor accept investor-imposed investment restrictions.
Generally, Oxford Gate provides investment advisory services to its Clients pursuant to the
Governing Documents. Investment advice is provided by Oxford Gate directly to the Clients.
D. Wrap Fee Programs
Oxford Gate does not participate in wrap fee programs.
E. Assets Under Management
As of December 31, 2023, Oxford Gate is a manager solely to OG and OB II with
discretionary regulatory assets under management of $249,266,472.