Blue Owl Maintains Tender Cap on Two BDCs Amid Elevated Redemption Requests
Two of Blue Owl Capital Inc.'s (OWL) business development companies have seen a decline in redemption requests from their peak during Q1 2026, but the volume remains significantly above each fund's established tender cap. In shareholder communications, both funds—Blue Owl Credit Income Corp. and another BDC—indicated that while there has been some easing of redemptions compared to earlier this year, they continue to receive more requests than their annual 5% limit allows. The continued elevated redemption pressure reflects ongoing investor concerns amid a challenging market environment for private credit funds. Blue Owl has maintained its policy of capping redemptions at 5%, which is intended to preserve liquidity and protect long-term shareholders from excessive outflows that could destabilize the fund's operations.
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