Oaktree Emerging Markets

Absolute Fund, LP

Fund Investment Objectives

Oaktree's primary firm-wide goal is to achieve attractive returns while bearing less-than-commensurate risk. In the case of the Emerging Markets Absolute Return Fund, achievement of this objective will be sought through a combination of value investing and short selling. Oaktree's bottom-up analysis means that the Fund will invest in companies whose securities are believed to be intrinsically undervalued.