Oaktree Acquisition Corp. II

Venture Capital

SPAC sponsored by Oaktree Capital Management that raised $250M in a Sept 2020 IPO and merged with Alvotech, an Icelandic biosimilars company, in a $2.28B deal announced Dec 2021.

Los Angeles, United States · 3+ investments · 2 portfolio companies

Late Stage
Public
Healthcare
Industrials
Life Sciences
Headquarters
Los Angeles, United States
Founded
2020
Portfolio Companies
2
Total Investments
3
Last Investment
Dec 2021
Geographic Focus
Global, United States

Investment Thesis

Blank-check SPAC formed to acquire a high-quality growth business; completed merger with Alvotech (biosimilars) in 2022.

Oaktree Acquisition Corp. II is a Venture Capital firm based in Los Angeles, United States. It has made 3 investments, including Alvotech and Hims and Hers. Focus areas include Healthcare and Industrials.

Portfolio2

Co-investors24

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24 co-investors across 24 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×18 · Private Equity ×2 · Hedge Fund ×2 · 5 shared rounds

Investment History

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