Blue Owl Capital (OWL) is limiting redemptions from two of its private credit funds at 5%, Bloomberg reported Friday.
The firm's $5 billion Blue Owl Technology Income saw investors seeking to withdraw 39% of shares in Q3, up from 38.1% requested previously, the report said.
Meanwhile, the $35 billion Blue Owl Credit Income saw investors seeking to withdraw 16.8% of shares in Q3, down from 18.8% in the prior period, Bloomberg reported.
Blue Owl Capital did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)