O'Brien-Staley Partners Successfully Closes OSP Value Fund IV
O'Brien-Staley Partners (OSP) announces the final close of OSP Value Fund IV, securing over $600 million in fresh commitments, bringing the firm's inception-to-date total to $2.3 billion.
OSP began fundraising in the first quarter of 2023 and surpassed its original fundraising target in only 44 business days, without a placement agent. The fund drew significant interest from current OSP limited partners, many of whom have steadily increased their commitments since the inception of OSP's first value fund nearly a decade ago. Additional capital was raised from a handful of new institutional investors with whom OSP established relationships between funds.
Led by its CEO and CIO, Jerry O'Brien, OSP Value Fund IV builds upon the investment team's significant experience and established track record of investing in "unloved" US Commercial & Industrial (C&I) credits, with a focus on $5-$25 million transaction sizes. OSP's investment thesis has remained consistent since its inception. Namely, hat there is a persistent opportunity to profit from market dislocations in out-of-favor, orphaned or criticized small balance credits as these investments often lack a natural investor base. Since its inception in 2010, OSP has invested over $2.2 billion in these types of investments nationwide. Prior to founding OSP, the team is credited with successfully investing over $3 billion in similar transactions over 17 years at a prior firm.
"We are grateful for the solid support of our long-time institutional investors and the professional consultants that support them as we continue our unique investment strategy," O'Brien remarked. "It is a luxury to be able to focus less time on capital formation and more time on deployment and deal management."
O'Brien-Staley Partners (OSP) operates across four discrete financial business strategies: alternative asset management; market-rate impact investing; nationwide loan servicing; and deposit management. Founded by Jerry O'Brien and Warren Staley in 2010, OSP is imbued with the core credit and fundamental investing discipline, risk management and governance DNA that has long been recognized as hallmarks of their personal and professional brands. www.osp-group.com