NEW YORK, April 2 (Reuters) - Blue Owl will limit the ​amount investors can withdraw from ‌two retail-focused funds after receiving a surge in requests to do so, ​the private credit firm ​said on Thursday.

Blue Owl shares sank 8.7% in premarket trading.

Investors asked to withdraw ⁠40.7% of the shares in ​technology-focused Blue Owl Technology Income ​Corp (OTIC), and 21.9% of shares in larger fund Blue Owl Credit Income Corp (OCIC), ​the funds said in two ​shareholder updates based on preliminary figures.

Blue Owl ‌said ⁠it would limit payouts to 5% of the shares in the funds. This has been ​the standard ​amount funds ⁠like these, which are structured as business development ​companies, offer to buy ​back ⁠from shareholders every three months, but Blue Owl opted last quarter ⁠to ​allow holders of ​15.4% of its shares to redeem.