Blue Owl’s $4.7 B Redemption Wave Forces 5% Withdrawal Caps
Blue Owl Capital’s two flagship private‑credit funds faced $4.7 billion in redemption requests in Q2, with its tech‑focused fund seeing a 38% pull‑out. The firm capped withdrawals at 5% to avoid liquidating illiquid loans, highlighting fragile investor confidence in private credit and pressuring fee revenue.