Blue Owl Launches Interval Fund, opening Private Credit Access to Individual Investors
NEW YORK – September 1, 2025 - Blue owl Capital today announced teh launch of the Blue Owl Option Credit Fund (OWLCX), a registered interval fund designed to provide individual investors access to the private credit market traditionally dominated by institutions. The fund will offer daily purchases, monthly distributions, and quarterly liquidity via repurchase offers.
The new fund’s strategy focuses on credit assets backed by contractual cash flows from financial and hard assets, aiming to mitigate risk through diversified, amortizing asset pools and differentiated private credit types to reduce correlation with conventional credit investments. Blue Owl Alternative Credit Advisors II LLC manages the fund, leveraging a 65-person investment team and a data science effort utilizing decades of counterparty data and tens of millions of data points.
“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,” said Sean Connor, president and chief executive of global private wealth at Blue Owl. “OWLCX reflects Blue Owl’s commitment to continue democratising 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.”
The launch comes as investor appetite for private credit continues to grow, with wealthy US investors having already piled $48 billion into private credit funds this year. Ivan Zinn, head of alternative credit at Blue Owl, stated the firm believes asset-based finance represents the next possibility for investors in private credit.
Blue Owl’s alternative credit strategy boasts a 20-year track record, having deployed over $24 billion (£17.6 billion) of capital across approximately 950 investments. The firm’s assets under management (AUM) in its credit platform recently increased 53% to $145 billion. Blue Owl has previously highlighted the stability of private credit markets, noting they are often amplified by market volatility.