Google
The Real Test For Private-Credit Fund Flows Starts Now—Heard on the Street
Two Blue Owl Capital funds reported surges in first-quarter redemption requests, yet stuck to their original tender offers to redeem 5% of shares. Blue Owl Credit Income said in a letter to shareholders that its “modest net outflows” for the first quarter were less than 1% of the fund’s net asset value at the end of last year. The net outflow from Blue Owl Technology Income was less than 2% of NAV, that fund said.
Continue Reading
