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Stephen DeNelsky

Stephen DeNelsky

Managing Director

Mr. DeNelsky is a managing director within Oaktree’s Global Private Debt strategy, with a primary focus on the Life Sciences Lending platform.  Over his 30-year career, Mr. DeNelsky has worked across all sectors and sub-sectors of healthcare, including pharmaceuticals, services and devices.  Prior to joining Oaktree in 2022, Mr. DeNelsky was a managing director at Marathon Asset Management where he was responsible for sourcing and evaluating investments in the healthcare space.  Prior thereto, Mr. DeNelsky was president and co-founder of Life Sciences Alternative Funding.  There, he led the joint venture with Perella-Weinberg to provide mezzanine growth capital via debt instruments to life sciences and healthcare companies.  Mr. DeNelsky has also held senior positions at 11:11 Capital Management, Avenue Capital Group and Sapphire Capital Management.  He received a B.A. degree in economics from American University and his M.B.A. with a concentration in finance from the University of Maryland.  Mr. DeNelsky has served on the board of directors of Integrated Diagnostics, Visioncare Inc. and AMICAS (NASDAQ: AMCS).