Blue Owl has implemented a 5% cap on redemptions for its private credit funds, a decision driven by a surge in requests that exceeded typical levels.
The firm attributed this spike to heightened market concerns regarding potential disruptions caused by artificial intelligence in the software industry.
This move reflects a strategic response to maintain liquidity and manage risk in an uncertain market environment.
Updates
Update at 14:22 UTC on 2026-04-02
Financial Times reported Private credit firm caps withdrawals after investors attempted to pull more than 40% from one fund.
Sources: Financial Times