The young Reds were drawn into Group D of the northern section of the competition, which sees teams play each other once only.
As an invited club from the Premier League, Liverpool U23s are scheduled to play each of their three group matches away from home.
The winners and runners-up in each group for both the northern and southern sections will progress to the last 32, with the tournament then undertaking a knockout format.
Fixture details will be confirmed on Liverpoolfc.com in due course.