EvergreenLink's Notice Board shows that investors in OTIC and OCIC sought to withdraw 38.1% and 18.8% of outstanding shares in Q2, respectively.
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.
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.
The Philadelphia-based investment manager has expanded its recurring liquidity program to now include five non-traded BDCs.
The firm has adhered to a 5% cap on two private debt BDCs after receiving repurchase requests totaling 22% and 41% of outstanding shares.
The $22 billion Blue Owl Credit Income Corp. was recently the target of a tender offer from Saba Capital and Cox Capital at a steep discount.
"[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.
The quarterly buyback activity redeemed 5% and 15% of outstanding shares, respectively, fully meeting submitted requests.
