Blue Owl is limiting withdrawals from two of its funds due to a historic level of redemption requests for the first quarter, driven by AI-related concerns. The firm plans to only fill 5% of the remaining requests, citing a significant disparity between public sentiment on private credit funds and its portfolio performance. The news led to a new all-time low of $7.95 in mid-day trading. Private credit firms like Blue Owl have been struggling with high redemptions due to the recent market downturn. The company's shares have fallen nearly half of their market value since the start of 2026.