The New York–based alternative investment firm said that investors in Blue Owl Capital Corp II, known as OBDC II, will no longer be able to redeem shares on a quarterly basis. Instead, the fund will return capital through periodic distributions funded by loan repayments, asset sales or other transactions.
Blue Owl on Wednesday said it had sold about $1.4 billion in direct-lending investments across three funds: Blue Owl Capital Corp II, Blue Owl Capital ...