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Quotable: OHA Investment Wraps Up Its Exposure To Energy

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“Over the past 12 quarters, we’ve had a write-down approximately $111 million of the original $171 million of investment assets or almost 65% of the fair value. Most of that $111 million of write-downs, $108.2 million of it has come from the 7 legacy energy assets that totaled $127 million of the $171 million of investment assets. Put it another way, we had written off over 85% of the legacy energy assets”.

From the IIIQ 2017 OHA Investment Conference Call

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