Oaktree Real Estate Opportunities Fund VII, L.P. slide image

Oaktree Real Estate Opportunities Fund VII, L.P.

OAKTREE REAL ESTATE OPPORTUNITIES FUND VII, L.P. Established Track Record NET FUND-LEVEL IRR¹ 20.0% 16.0 12.0 8.0 4.0 0 Commencement of Operations Committed Capital ($mm) Net Fund-Level Multiple of Capital % Realized7 % Distributed SUBSTANTIALLY REALIZED² 12.1% SCF VIROF III/IIIA³ 1994-2003 $2,266 1.7x 99.0% 171.4% 18.6% Legacy CMBS Fundª 2010 $2,322 1.3x 100.0% 132.1% I 11.5% ROF IV 2008 $450 1.7x 78.8% 114.2% SEASONING 13.6% Remington5 2010 $256 1.6x 64.6% 95.4% 14.2% ROF V 2011 $1,283 1.5x 52.7% 63.9% As of June 30, 2015 See "Performance Disclosures" section of the Appendix for performance related information and disclosures 1 Net Fund-Level figures are after management fees, expenses and actual or potential incentive allocation and reflect the returns/multiples of the unaffiliated limited partners. 2 Represents all funds that have realized 90% or more of investments. See footnote 7 below. I 4 Due to the structure of the Legacy CMBS Fund, the fund-level returns presented in this table are for a feeder fund and not for the Legacy CMBS Fund itself. 5 The Remington Account is a separate standalone account managed by Oaktree's Real Estate team. 6 Fund-Level Multiple of Capital is calculated as (NAV+ Distributions) divided by Contributed Capital. 7 Represents total realized proceeds as a percentage of the total fair market value of the fund. Total realized proceeds excludes any proceeds for financing obtained after the initial investment. Confidential INVESTING 3 Consists of a roll-up of all net fund-level cash flows for the following funds: SCF VI, ROF A, ROF B, ROF II, ROF III/IIIA. See "Oaktree's Real Estate Track Record" portion of the Appendix for full track record. 16.8% ROF VI 2012 $2,677 1.3x 13.9% 0.2% 18
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