Blue Owl has launched its Alternative Credit Fund, an interval fund to offer investors enhanced liquidity options, according to AltsWire. Managed by Blue Owl Alternative Credit Advisors II, the fund’s strategy will focus on asset-based finance, corporate credit and liquid securitized credit.
According to AltsWire, the fund will conduct quarterly repurchase offers for 5 percent to 25 percent of its outstanding shares at net asset value. There are three separate classes of shares, offered on a continuous basis.
Read more about the fund here.
