System One completed a new investment from funds managed by Oaktree Capital Management and StepStone Group. Financial terms were not disclosed.

“I am very proud of the platform we’ve built, centered around technical solutions, and our talented employees delivering trusted expertise and mission-critical services for our clients,”  Troy Gregory, chairman and CEO of System One, said. “We’re excited to renew our partnership with Oaktree and bring StepStone into our investor group as we continue to execute our strategic growth initiatives, expand our capabilities, and invest in our platform and employees to enhance the value we bring to our clients.”

Jimmy Lee, managing director and assistant portfolio manager at…