Alternative Asset Managers Slide 4% on Redemptions

Shares of KKR, Apollo, Ares, and Blackstone fell 2.5%‑4% after Blue Owl limited redemptions from two private credit funds.
Blue Owl Credit Income Corp. faced redemption requests equal to 21.9% of its outstanding shares during the quarter.
Owl Technology Income Corp. received tender requests amounting to 40.7% of its outstanding shares, intensifying sector‑wide concerns.