North Haven Private Income Fund adhered to its 5% repurchase cap, fulfilling less than half of the 10.9% of shares outstanding tendered.
The firm is developing products for retirement and mass affluent investors as wealth AUM soars 41% YoY to $82 billion.
The deal will lower the surviving fund's base management fee to 1% and broaden investor access through brokerage and advisory channels.
The non-traded BDC accepted all 1.8 million shares tendered in Q3, with investors to receive non-interest-bearing, non-transferable promissory notes instead of immediate cash.
The commencement date adjustment follows Blue Owl's request for a new notice, citing a material difference between the originally proposed and announced purchase amounts.
The Canadian bank now holds 10.5% of Blue Owl Credit Income Corp. as shareholders sought to withdraw 16.8% of outstanding shares in Q3.
OCIC and OTIC will buy back around $1.1 billion combined, leaving roughly $3.14 billion of Q3 demand unfulfilled.
Investors in North Haven Private Income Fund sought to redeem 11.4% of outstanding shares in Q3.
We analyze the top-performing BDCs as of H1 2026 across one, three, and since-inception periods.
Investors in the North Haven Private Income Fund sought to redeem 11.6% of outstanding shares in Q2.
