Blue Owl Capital maintained the industry-standard 5% quarterly withdrawal limit on two non-traded private credit funds, even as redemption requests at both funds fell compared to the prior quarter. The OCIC fund saw redemption requests totaling $3.6 billion, down from $4.2 billion in the previous quarter, though this remains higher than any competitor. The decision to keep caps reflects a structural liquidity backlog, as investors pulled a combined $12.9 billion from private credit funds targeting wealthy individuals in the first five months of 2026. Blue Owl's OTF fund also took a markdown of $490 million in the first quarter of 2026, the highest since its creation. Shares of Blue Owl rose 4.4% in premarket trading following the news.
Blue Owl Technology Finance Corp.OTF fund took a $490M markdown, the highest since creation.
Blue Owl Capital IncParent company maintains caps amid elevated but declining redemption requests; shares rose 4.4%.
Blue Owl Capital CorporationRedemption requests fell but caps remain; shares rose 4.4% premarket, but impact is mixed.