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0.00057903879559919 0.00347423277359576 -0.00115807759119879 -0.00521134916039394 -0.0138969310943834 -0.0081065431383903 -0.0138969310943834 -0.0220034742327737
Stock impact report

Blue Owl shares fall as private debt manager caps major withdrawals requests [Yahoo! Finance]

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: Yahoo! Finance
Two of its flagship funds, Blue Owl Technology Income Corporation (OTIC) and Blue Owl Credit Income Corporation (OCIC), faced combined redemption requests of $5.4 billion. But the firm limited those requests to its 5% quarterly threshold for each fund, according to filings. Investors requested to withdraw 40.7% of total assets from OTIC, which held a value of $3 billion at the quarter's start. The larger OCIC received withdrawal requests of 21.9% of outstanding shares on a total valuation of $36 billion. This comes amid a quarter in which Wall Street's anxiety about private debt has increasingly risen. Blue Owl stock fell as much as 8% in early Thursday trading. Shares are down 46% since the year began. NYSE - Nasdaq Real Time Price • USD Blue Owl Capital Inc. (OWL) Follow View Quote Details As of 11:09:26 AM EDT. Market Open. Advanced Chart After accounting for investor flows of $127 million and $872 million into OTIC and OCIC, respectively, the funds saw combi Show less Read more
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