Moody’s Ratings has revised its outlook on a major credit vehicle managed by Blue Owl Capital to negative, pointing to a surge in investor redemption requests during the first quarter, according to a report by Reuters.
The rating agency said the change applies to Blue Owl Credit Income Corp (OCIC), a $36bn fund, where withdrawal requests were notably higher than those seen across comparable strategies. Moody’s also highlighted that a large proportion of those requests came from a relatively smal...
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