Blue Owl retail credit fund inflows fall 95 percent

BLUE OWL CAPITAL INC saw new investments in its flagship retail credit fund drop 95% to $26.4 million on May 1. The fund accepted $480 million during the same period last year as direct lending faces increased scrutiny. Shrinking inflows signal cooling retail appetite for private credit vehicles amid concerns over lending standards and AI disruption.

The Blue Owl Credit Income fund (OCIC) disclosed the subscription figures in a regulatory filing on May 1. Blue Owl currently values the OCIC portfolio at $34 billion.