Sec Form 3 Filing - OAKTREE FUND GP II, L.P. @ DoubleLine Income Solutions Fund - 2013-04-25

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person OAKTREE FUND GP II, L.P. 2. Issuer Name and Ticker or Trading Symbol DoubleLine Income Solutions Fund [ NYSE: DSL] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) X __ Other (specify below) See Footnote 1 Below (Last) (First) (Middle) 333 S. GRAND AVENUE, 3. Date of Earliest Transaction (MM/DD/YY) 04/25/2013 (Street) LOS ANGELES, CA90071 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Shares, par value $0.00001 0 I ( 1 ) ( 2 ) ( 3 ) ( 4 ) See notes.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other OAKTREE FUND GP II, L.P. 333 S. GRAND AVENUE LOS ANGELES, CA90071 See Footnote 1 Below Oaktree Capital II, L.P. 333 S. GRAND AVENUE LOS ANGELES, CA90071 See Footnote 1 Below Oaktree Holdings, Inc. 333 S. GRAND AVENUE LOS ANGELES, CA90071 See Footnote 1 Below Oaktree Capital Group, LLC 333 S. GRAND AVENUE LOS ANGELES, CA90071 See Footnote 1 Below Oaktree Capital Group Holdings, L.P. 333 S. GRAND AVENUE LOS ANGELES, CA90071 See Footnote 1 Below Oaktree Capital Group Holdings GP, LLC C/O OAKTREE CAPITAL GROUP, LLC 333 S. GRAND AVENUE, 28TH FLOOR LOS ANGELES, CA90071 See Footnote 1 Below Signatures /s/ See signatures included in Exhibit 99.1 04/25/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Oaktree Fund GP II, L.P. ("GP II") may be deemed to be an "affiliated person" (as such term is defined in the Investment Company Act of 1940, as amended) of DoubleLine Capital LP ("DoubleLine"), the investment adviser to DoubleLine Income Solutions Fund (the "Issuer"). This Form 3 is also being filed by: (i) Oaktree Capital II, L.P. ("Capital II"), in its capacity as the general partner of GP II; (ii) Oaktree Holdings, Inc. ("Holdings"), in its capacity as the general partner of Capital II; (iii) Oaktree Capital Group, LLC ("OCG"), in its capacity as the sole shareholder of Holdings; (iv) Oaktree Capital Group Holdings, L.P. ("OCGH"), in its capacity as the holder of a majority of the voting units of OCG; and (v) Oaktree Capital Group Holdings GP, LLC ("OCGH GP", and together with GP II, Capital II, Holdings, OCG and OCGH, each a "Reporting Person" and collectively, the "Reporting Persons") in its capacity as the general partner of OCGH and the manager of OCG. (Continued in footnote 2) ( 2 )Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no such Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. ( 3 )Each Reporting Person disclaims beneficial ownership of all Common Stock reported herein except to the extent of their respective pecuniary interest therein, if any, and the filing of this Form 3 shall not be construed as an admission that GP II is an affiliate of DoubleLine or any such Reporting Person is the beneficial owner of any Common Stock covered by this Form 3. ( 4 )OCGH GP is a limited liability company managed by an executive committee, the members of which are Howard S. Marks, Bruce A. Karsh, Sheldon M. Stone, Larry W. Keele, Stephen A. Kaplan, John B. Frank, David M. Kirchheimer and Kevin L. Clayton (each, an "OCGH GP Member" and collectively, the "OCGH GP Members"). In such capacity, the OCGH Members may be deemed indirect beneficial owners of the Common Stock reported herein. Except to the extent of their respective pecuniary interest, if any, each OCGH Member disclaims beneficial ownership of the Common Stock reported herein and the filing of this Form 3 shall not be construed as an admission that any such person is the beneficial owner of any Common Stock covered by this Form 3.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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