Key facts: Blue Owl $5.4B Q1 redemptions; 5% cap; OTIC+OCIC 12.5%

Blue Owl (OWL) experienced $5.4B in redemption requests during Q1, representing approximately 22% of its $36B private-credit fund and 41% of its tech-focused private-credit fund. OCIC has limited share redemptions to 5%. The combined OTIC and OCIC accounts for about 12.5% of fee-paying AUM. The quarterly 5% tender cap translates to less than 2.5% annualized outflows, with OTIC seeing $127M in new investments and $52M in net outflows, while OCIC had $870M in inflows and $116M in net outflows.

Blue Owl (OWL) saw about $5.4B redemption requests in Q1: ~22% of a $36B private-credit fund and ~41% of a tech-focused private-credit fund; OCIC limited share redemptions to 5%.12
Blue Owl (OWL): OTIC+OCIC = ~12.5% of fee‑paying AUM. Quarterly 5% tender cap equals <2.5% annualized outflows. OTIC: $127M new, $52M net outflow (~2% NAV). OCIC: $870M inflow, $116M net outflow.3

OBDE