Overview
OSP, LLC, which also does business under the registered d/b/a name O’Brien-Staley Partners
(”OSP” or the “Adviser”), was established as an investment adviser in 2012 and became
registered with the U.S. Securities and Exchange Commission in March 2014. OSP’s principal
place of business is located in Edina, Minnesota.
OSP is managed by E. Gerald O’Brien, Chief Executive Officer and Chief Investment Officer, and
Warren Staley, non-executive Chairman (collectively, the “Principals”). OSP is wholly owned by
OSP, LP, which is controlled by the Principals and ultimately majority-owned by the Principals and
their family members.
OSP primarily serves as the investment manager to value investment vehicles (the “Value Funds”)
which invest with a value investment bias in unloved or out-of-favor assets. These opportunities
are primarily composed of commercial and industrial (“C&I”), small- and medium-sized
enterprises and commercial real estate credits (“CRE”).
Entities affiliated with OSP act as the
general partners of the Value Funds. OSP also serves as the investment manager to an
investment vehicle that implements a social impact strategy (the “Impact Strategy”; together
with the Value Funds, the “Funds” or each a “Fund”).
The Funds are pooled investment vehicles operating as private funds that are exempt from
registration under the Investment Company Act of 1940, as amended (the “Investment Company
Act”), and whose securities are not registered under the Securities Act of 1933, as amended (the
“Securities Act”). The Value Funds are organized as Delaware limited partnerships, while the
Impact Strategy is organized as a Minnesota limited liability company. The Funds are “lock-up”
funds that do not provide investors with redemption rights prior to dissolution.
As of December 31, 2023, the amount of regulatory assets OSP manages on a discretionary basis
is $1,673,633,760.
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