The deep continuity of OHA’s senior team has helped institutionalize a highly disciplined investment process.
OCREDIT benefits from the full capabilities of OHA’s team of 100+ investment professionals under the leadership of industry veterans who have successfully navigated and capitalized on multiple market cycles. OCREDIT’s investment process integrates complementary industry, asset class, and transaction leadership capabilities.
Over 70 industry specialists across 16 industry groups enrich company and sponsor relationships, deal flow, and due diligence.
As of January 31, 2025.
Dedicated private credit, transaction, financing, and restructuring teams work closely with industry specialists to optimize results.
Scale and deep expertise to lead transactions demonstrated by typical top 1 or 2 lender role and significant “repeat” borrower deal flow.
As of 12/31/2024
Founder and OHA Chief Executive Officer
40 years of investment experience
Glenn R. August co-founded the predecessor firm to OHA in 1987 and took responsibility for its credit investment activities in 1990. Under his leadership, OHA has become a leading asset manager across multiple credit strategies, including private credit, high yield debt, leveraged loans, stressed and distressed debt, and structured credit. Mr. August heads OHA's global distressed investment business and various OHA committees, including its Investment Strategy Committee and several fund investment committees.
Since 1987, has served on 18 corporate boards. Mr. August is also actively involved in fundraising efforts and relationship management across OHA's global investor base. In 2021, Mr. August oversaw the acquisition of OHA by T. Rowe Price Group, Inc., and currently serves on its Management Committee and Board of Directors. His nonprofit activities include serving on the boards of Mount Sinai Medical Center, the Partnership for New York City, and Horace Mann School. Mr. August is also a member of the Council on Foreign Relations. He earned an M.B.A. from Harvard Business School, where he was a Baker Scholar, and a B.S. from Cornell University.
Portfolio Manager and Senior Partner
32 years of investment experience
Alan Schrager, shares responsibility for leading OHA’s private credit business and has portfolio management responsibilities for a number of OHA’s portfolios. Mr. Schrager serves on various OHA committees, including the Compliance, Investment Strategy, Valuation, and several fund investment committees.
Previously, he had senior research responsibility for investments in private credit companies, software, industrials, and gaming. Prior to joining OHA in early 2003, Mr. Schrager was a managing director of USBancorp Libra, where he was responsible for originating, evaluating, and structuring private equity, mezzanine, and debt transactions and also held several positions at Primary Network, a data CLEC, including chief financial officer and interim chief executive officer. He currently serves as chairman of the board for two OHA BDCs and serves on the Board of Directors of Expro Group Holdings International Limited, Smile Brands, a Churchill Capital special purpose acquisition company, and New Heights Youth, Inc.
CEO of OCREDIT, OHA Portfolio Manager and Partner
27 years of investment experience
Eric Muller shares responsibility for leading OHA's private credit business and has primary management responsibility for OHA's BDCs. Prior to joining OHA, Mr. Muller worked in Goldman Sachs' Merchant Banking Division, where he was a partner in the Private Credit Group, responsible for leading its private senior lending business in North America and managing vehicles that invested across the spectrum of the credit market. He previously worked as a private equity investor for the Cypress Group.
Additionally, Mr. Muller serves as a member of the Board of Trustees for Boston University and on the Investment Committee for the University's Endowment. He is cochairman of the Board of Trustees for StreetSquash, an after-school youth enrichment program. He earned an M.B.A. from Harvard Business School, a J.D. from Harvard Law School, and a B.A., summa cum laude, salutatorian, from Boston University.
Portfolio Manager and Partner
25 years of investment experience
Thomas Wong, shares portfolio management responsibilities for a number of OHA’s portfolios. He serves on various firm committees including the ESG Committee, Investment Strategy Committee, and several fund investment committees. Previously, Mr. Wong had senior research responsibility for the chemicals, consumer products, food and beverage, health care, industrials, retail and restaurants, services and telecommunications, media, cable, and technology industries.
He currently serves as vice chair of the Executive Committee of the Board of Directors for the Loan Syndications and Trading Association (LSTA) and on the Board of Directors for Yonkers Partners in Education.
Prior to joining OHA in 2001, Mr. Wong worked at Deutsche Bank, where he was a member of the Debt Capital Markets group. He received a B.A., cum laude, from Harvard University and has earned the Chartered Financial Analyst designation.
Portfolio Manager and Partner
20 years of investment experience
Harpreet Anand, shares portfolio management responsibility for a number of OHA’s portfolios. He serves on various firm committees, including the Compliance Committee, Investment Strategy Committee, and several fund investment committees.
Mr. Anand also serves on the firm’s Diversity, Equity, and Inclusion Council. Previously, he had senior research responsibility for automotive, building products, chemicals, metals and mining, paper and packaging, and aerospace and defense industries.
Prior to joining OHA in 2006, Mr. Anand worked at Bear, Stearns & Co. Inc. in its Leveraged Finance/Financial Sponsors Group. He earned a B.B.A., with honors, from the Stephen M. Ross School of Business at the University of Michigan.
OCREDIT invests in a diversified portfolio of primarily senior secured, privately originated floating rate loans to well-established companies in North America and Europe.
Diversification cannot assure a profit or protect against loss in a declining market.
Talk to your financial adviser to learn more about the T. Rowe Price OHA Select Private Credit Fund.
4341602