Blue Owl Capital received $4.7bn of redemption requests across two flagship private credit funds in the second quarter, as pressure on semi-liquid private markets vehicles continued, according to a report by the Financial Times.
Withdrawal requests at Blue Owl Technology Income Corp and Blue Owl Credit Income Corp declined slightly from the previous quarter but remained elevated, at 38% and almost 19% of fund assets respectively. Both vehicles capped redemptions at 5%, in line with limits built...
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