Core Viewpoint - Blue Owl Capital Inc. has launched the Blue Owl Alternative Credit Fund (OWLCX), aimed at providing individual investors access to alternative credit assets traditionally available only to institutional investors [1][5]. Fund Launch and Capital - OWLCX secured $850 million in capital from a diverse client base, marking it as one of the largest interval fund launches in history [2]. - The fund targets the estimated $11.2 trillion asset-based finance market, focusing on generating current income and long-term capital appreciation [1]. Investment Strategy - OWLCX employs a flexible mandate that allocates across credit assets backed by contractual cash flows from financial and hard assets, aiming to mitigate risk through diversified pools of amortizing assets [3]. - The fund intends to provide monthly distributions and quarterly liquidity via repurchase offers, structured as a registered interval fund [3]. Management Team - The fund is managed by Blue Owl Alternative Credit Advisors II LLC, which has a team of over 65 professionals with extensive expertise and relationships in the industry [4]. - The management team utilizes a dedicated data science effort, leveraging decades of counterparty data and millions of data points to enhance analytical capabilities [4]. Market Opportunity - Blue Owl's leadership believes that asset-based finance represents a significant opportunity for investors in private credit, with OWLCX designed to support individual investors seeking differentiated exposure and resilient performance across market cycles [5]. Company Overview - As of June 30, 2025, Blue Owl manages over $284 billion in assets across three multi-strategy platforms: Credit, Real Assets, and GP Strategic Capital [6]. - The company aims to provide differentiated alternative investment opportunities that deliver strong performance and risk-adjusted returns [6].