We analyze the top-performing BDCs as of H1 2026 across one, three, and since-inception periods.
The acquisition brings three interval funds, a BDC, and a $41 billion CLO and alternative credit business to the combined platform.
The non-traded BDC accepted all valid tenders, representing about 3.6% of outstanding shares as of June, with payment to be made through State Street-held promissory notes.
Proceeds from the offering will be used to make investments and reduce the non-traded BDC's indebtedness.
Investors in the North Haven Private Income Fund sought to redeem 11.6% of outstanding shares in Q2.
The announcement comes as investors in Blue Owl's non-traded BDC shunned an earlier Saba and Cox Capital joint-offer to repurchase shares at a steep discount.
Blue Owl Capital Corporation II has returned capital equivalent to 35% of NAV so far in 2026, including the latest payout.
North Haven Private Income Fund adhered to its 5% repurchase cap, fulfilling less than half of the 10.9% of shares outstanding tendered.
"[our] objective is consistent with our broader mandate: providing institutional quality liquidity solutions to an underserved retail and mass affluent market," CEO John Cox told EvergreenLink.
This analysis follows the fund's recent and controversial decision to issue distributions to all investors while suspending redemptions.
