On July 2, Blue Owl Capital rose 5.9% in pre-market trading, trading at $9.19/share, with turnover of $2.5398 million.

On the news front, the company's two private credit funds — Blue Owl Credit Income (OCIC) and Blue Owl Technology Income — reported quarter-over-quarter declines in redemption requests. OCIC received requests amounting to 18.8% of shares, or $3.6 billion, while Blue Owl Technology Income received requests totaling 38.1%, or $1.1 billion. Both funds capped redemptions and will honor 5% tender offers on a pro-rata basis, representing approximately 27% and 13% of total tendered shares respectively.

The company stated it has satisfied over 43% of the original demand from shareholders with repeat withdrawal requests, and OCIC does not need to sell a single private loan to satisfy the tender offer. Blue Owl Technology Income disclosed $1.3 billion in liquidity and a net leverage ratio of just 0.78x, signaling robust financial health. The marginal easing of redemption pressure and ample liquidity buffers alleviated market concerns over private credit fund liquidity risk.

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