The Fund is a Delaware statutory trust that is registered as a non-diversified, closed-end management investment company under the Investment Company Act of 1940, as amended (the “1940 Act”). The Fund intends to operate as an “interval fund” (as described in further detail below under “Repurchases of Shares”). The Fund has received an exemptive order from the U.S. Securities and Exchange Commission (the "SEC") that permits the Fund to offer multiple classes of its shares of beneficial interest (the "Shares") and to, among other things, impose asset-based distribution fees and early-withdrawal fees. The Fund offers three separate classes of Shares designated as Class I-F, Class S-F and Class U-F Shares, and the Fund may offer additional classes of Shares in the future. Each class of Shares is subject to different fees and expenses (as described in further detail below under "Share Classes; Minimum Investments").
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Blue Owl Capital
Mar 07, 2025
Interval CEF
'40 Act
Quarterly
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December 31
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Jul 13, 2024
16:21
Redemption
Blue Owl Alternative Credit Fund opened a quarterly repurchase offer for up to 5% of shares from October 13 to November 12, 2026. Investors must submit requests by that deadline; accepted shares are priced at net asset value.
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Oct 28, 2025
11:17
Compliance
Blue Owl Alternative Credit Fund reported an annual proxy voting notice for calendar year 2026, covering the period ended June 30, 2026, with no series reported.
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Oct 13, 2025
16:28
Fee, Redemption
Blue Owl Alternative Credit Fund opened a quarterly repurchase offer for up to 5% of outstanding shares through August 13, 2026, with accepted tenders priced at net asset value and subject to proration or a potential 2% early repurchase fee.
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Oct 30, 2025
16:58
Marketing Material, Redemption, Subscription
Blue Owl Alternative Credit Fund updated its Prospectus to offer Class S, Class U and Class I Shares continuously at NAV, target quarterly repurchases of 5% of outstanding Shares, and disclose 2025 financial highlights and $120 million, $100 million and $62 million of borrowings.
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Sep 13, 2024
16:30
Redemption
Blue Owl Alternative Credit Fund announced a quarterly repurchase offer for up to 5% of outstanding Class I, Class S and Class U shares, with the request period running from April 13, 2026 through May 14, 2026 and April 6, 2026 NAV at $9.94 for Class I and Class U.
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Jun 30, 2024
16:15
Subscription
Blue Owl Alternative Credit Fund reported $353.7 million of aggregate sales and no redemptions or repurchases for the fiscal year ended December 31, 2025, resulting in $48,844.66 of registration fee due. This indicates the fund owes the annual fee based on net sales for the period.
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Jul 17, 2023
15:49
Compliance
Blue Owl Alternative Credit Fund approved a $1.5 million fidelity bond with Continental Insurance Company for March 6, 2026 through May 19, 2027, including stop payment and fraudulent transfer instruction coverage.
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Jun 12, 2023
16:29
Redemption
Blue Owl Alternative Credit Fund announced a quarterly repurchase offer for up to 5% of outstanding Class I, Class S and Class U Shares, with requests due by February 12, 2026 and repurchases at NAV. If oversubscribed, the Fund may increase the amount by up to 2% of Shares outstanding and otherwise will repurchase on a pro rata basis.
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Oct 18, 2024
17:24
Ownership, Personnel, Subscription
Blue Owl Alternative Credit Fund Director Robert Mason Flowers acquired 24,728 Class I Shares at $10.11 per share, with 24,728 shares reported as owned following the transaction. The shares are held indirectly through Tamerlane Advisors LLC, of which he is the sole member.
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Jun 14, 2025
15:50
Fee, Redemption
Blue Owl Alternative Credit Fund announced an upcoming quarterly repurchase offer for up to 5% of outstanding Class I, Class S and Class U shares, with tenders due by November 13, 2025 and pricing at NAV. Shareholders may receive liquidity through the offer, subject to pro rata acceptance and an early repurchase fee of up to 2.00% on shares held less than one year.
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North America
Blue Owl's evergreen platform gains ground in Q3
Oct 30, 2026

The firm reported a 14% QoQ increase in private wealth inflows, supported by growth across its evergreen funds and easing redemption pressure in its credit and real estate vehicles.

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Debt
Managers
Inside Blue Owl Alternative Credit Fund
Jun 24, 2025

The '40 Act vehicle will pursue private credit opportunities through primary and secondary investments.

Blue Owl Alternative Credit Fund
Blue Owl Capital and Whale Rock Capital are responsible for managing Blue Owl Alternative Credit Fund.
Blue Owl Alternative Credit Fund launched in 2025.
Blue Owl Alternative Credit Fund is registered as a '40 Act fund.
Blue Owl Alternative Credit Fund is structured as a Interval CEF fund.
You can invest in Blue Owl Alternative Credit Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Blue Owl Alternative Credit Fund daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of Blue Owl Alternative Credit Fund quarterly, subject to redemption limits and notice requirements.
Shares of Blue Owl Alternative Credit Fund can be purchased in USD.
Blue Owl Alternative Credit Fund's fiscal year end is December 31.
Blue Owl Alternative Credit Fund's net asset value was $1,616.7 million and its portfolio had a fair value of $2,076.2 million as of June 30, 2026.
Among other deal types, Blue Owl Alternative Credit Fund primarily makes Debt Investments.
Among other asset classes, Blue Owl Alternative Credit Fund primarily invests in Direct Lending.
Among other regions, Blue Owl Alternative Credit Fund primarily invests in the USA and North America & Western Europe.
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