Blue Owl Limits Client Redemptions After Surge in Withdrawal Requests

The investment firm’s decision adds to growing jitters in the $2 trillion private credit industry.

A logo for Blue Owl Capital is displayed on a midtown Manhattan office building in New York City on Feb. 24, 2026. Brendan McDermid/Reuters

Private credit firm Blue Owl Capital capped withdrawals for two of its largest funds after receiving a wave of redemption requests, the company said in letters to shareholders on April 2.

During the first quarter, the New York-based investment firm received redemption requests of almost 22 percent of shares outstanding in its flagship $36 billion Blue Owl Credit Income Corp. fund.