Blue Owl Capital, an alternative asset manager, launched Blue Owl Alternative Credit Fund (OWLCX), its first interval fund designed to provide individual investors access to a wide range of alternative credit assets.
Blue Owl secured $850 million of capital from a diverse client base across its global private wealth channel.
OWLCX is managed by Blue Owl Alternative Credit Advisors II, which has an experienced investment team consisting of over 65 professionals. The team also includes a dedicated data science effort.
“With this launch, we’re opening the door for individual investors to access a market traditionally dominated by institutions — one that offers strong income potential backed by diversified pools of asset collateral,” Sean Connor, president and CEO of global private wealth at Blue Owl, said. “OWLCX reflects Blue Owl’s commitment to continue democratizing alternative assets in a way that we believe aligns with the evolving demands of today’s private wealth investors, offering institutional-grade solutions with the accessibility and transparency they expect.”
“We think asset-based finance represents the next opportunity for investors in private credit,” Ivan Zinn, head of alternative credit at Blue Owl, said. “OWLCX is built to support individual investors seeking differentiated exposure and resilient performance across market cycles.”
