Blue Owl is facing $5.4 billion in redemption requests. Here are 6 things to know about the private credit firm.
Blue Owl's headquarters
Brendan McDermid/Reuters
- Investors in two Blue Owl private credit vehicles asked to withdraw nearly a quarter of their cash.
- These $5.4 billion in first-quarter redemption requests are the highest yet in an industry wave.
- Here are six things to know about Blue Owl, the poster child of private credit turmoil.
The rush for the exits in private credit has reached a whole new level.
Blue Owl received a record $5.4 billion in redemption...