Blue Owl Gates Investors Again After Top BDCs Hit With Massive 38%, 19% Redemption Requests
After a catastrophic Q1 for private credit BDCs, Q2 is proceeding just as many had expected: just as bad.After alternative asset manager titans such as Apollo, Blackrock, Blackstone and Cliffwater all gated their investors for a second straight quarter following a surge in redemption requests that easily surpassed what took place in Q1, earlier today we learned that the ground zero of the private credit implosion - Blue Owl Capital - was also slammed with redemption requests in the second quarter. Sure enou ...