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AltHarbor / Signals

Signals

Source-backed operating signals for fund pressure, income changes, and filing-driven shifts. These tools describe observed data; they do not score funds or make allocation recommendations.

7Funds gated0 latest windows in last 30D
36Funds in tenderWindows close in Q2 2026
0Distribution cutsTTM, >5% cuts
36Funds coveredAcross 4 asset classes

Event tape

Recent material events

22 rows. Sorted by age desc.

SignalSource
SREITStarwood Real Estate Income TrustDistributionSREIT Cuts Monthly Distribution ~25.6% (April 2026)Starwood Real Estate Income Trust declared April 2026 gross distributions of $0.0770/share across all share classes (I/D/T/S), down from $0.1035/share declared in each of January, February, and March 2026 — a reduction of approximately 25.6%. Net distributions after stockholder servicing fees: $0.0770 (Class I), $0.0730 (Class D), $0.0632 (Class T/S); record date April 30, 2026, paid on or about May 5, 2026. This is the first disclosed reduction in the gross distribution rate in the observed filing series.50dred8-K · sec.gov
BCREDBlackstone Private Credit FundGateBCRED disclosed repurchase/redemption demand relative to program limits in its 2026-04-29 8-K.51dred8-K · sec.gov
SREITStarwood Real Estate Income TrustGateBoard amended Share Repurchase Plan effective April 29, 2026: repurchases restricted to (i) d...51dred424B3 · sec.gov
SREITStarwood Real Estate Income TrustGateSREIT disclosed repurchase/redemption demand relative to program limits in its 2026-04-29 8-K.51dred8-K · sec.gov
OCICBlue Owl Credit Income CorpCreditCredit rating outlook downgradeMoody's cut the outlook on Blue Owl's private credit fund (OCIC) following the Q1 2026 redemption surge. Cited investor sentiment / liquidity-management concerns. Rating itself unchanged.72damberED·AltHarbor editorial
OTICBlue Owl Technology Income Corp.CreditCredit rating outlook downgradeMoody's cut outlook on Blue Owl private credit funds (including OTIC affiliated structures) following Q1 2026 redemption surge.72damberED·AltHarbor editorial
ADSApollo Debt Solutions BDCgateADS Redemption Proration — 45% Fulfilled (Q1 2026)Apollo Debt Solutions prorated Q1 2026 redemptions at approximately 45%, meaning investors requesting full liquidation received less than half. Unfulfilled requests queue for subsequent quarters. Elevated redemption pressure persists.78dredED·AltHarbor editorial
OTICBlue Owl Technology Income Corp.gateOTIC Record Redemption Pressure — 40.7% of Shares Tendered (Q1 2026)Q1 2026 tender requests hit 40.7% of outstanding shares — the highest in the non-traded BDC industry. Blue Owl reimposed the 5% quarterly cap after waiving it in Q4 2025. Predatory secondary market bids from distressed funds at 20-35% discounts to NAV.78dredED·AltHarbor editorial
OCICBlue Owl Credit Income CorpgateOCIC Redemption Gate — 5% Fulfilled (Q1 2026)Blue Owl Credit Income Corp fulfilled only 5% of Q1 2026 redemption requests after 22% of shares were tendered. Remaining requests carried forward to future quarters. Investors should plan for multi-quarter redemption timelines.78dredED·AltHarbor editorial
NB-PMANB Private Markets Access Fund LLCTenderAnnual N-CSR reports all tendered shares repurchasedNB-PMA disclosed that during the year ended March 31, 2026, 4,250,302 shares were tendered and all were repurchased by the Fund under its quarterly repurchase-offer program.80dgreenN-CSR · sec.gov
OSCFOaktree Strategic Credit FundTenderTender met via cap expansion + affiliate backstop (similar to BCRED model)Q1 2026 tender (expired March 16, 2026): ~13.9M shares tendered — 6.8% of shares outstanding (Dec 31, 2025), exceeding the 5% normal cap. Fund exercised regulatory provision to expand to 7%, but tender demand still exceeded that. To meet ALL demand without proration, Brookfield OSCF Investor LLC (Oaktree Fund Advisors affiliate) purchased an additional 1.7% of shares from an existing investor via promissory note dated March 24, 2026, to be repaid in cash by June 15, 2026. Total liquidity provided ~8.5% of shares.85dredED·AltHarbor editorial
OSCFOaktree Strategic Credit FundDistributionDistribution cutOSCF cut distribution as part of the same Q1 2026 announcement that disclosed the tender cap expansion and affiliate backstop. Specific cut % to be confirmed from primary fund disclosure.85damberED·AltHarbor editorial
ASIFAres Strategic Income FundGateRedemption gate / pro-rata prorationQ1 2026 (period ending Jan 31, 2026): 11.6% of shares tendered (~$1.2B). 5% quarterly cap enforced; 43.1% fill rate — $524.5M honored. Net flows remained POSITIVE: $708M of new commitments exceeded fulfilled tenders. Concentrated in <1% of >20,000 shareholders (family offices, small institutions). Ares ranked #1 by 1-year total return in Stanger top-5 non-traded BDCs. NO sponsor balance sheet support deployed.87dredED·AltHarbor editorial
ADSApollo Debt Solutions BDCGateADS Q1 2026 Repurchase Requests Exceed 5% Cap — Pro-Rata at ~45%In Q1 2026, ADS received shareholder repurchase requests equivalent to approximately 11.2% of shares outstanding as of December 31, 2025. Consistent with the Fund's 5% quarterly liquidity limit, ADS will honor only 5% of outstanding shares (estimated ~$730M based on February 28, 2026 NAV); each redeeming investor receives approximately 45% of requested capital on a pro-rata basis. Gross inflows for Q1 2026 were approximately $724M (roughly flat net flows). The Fund intends to tender for up to 5% again in Q2 2026.88dred8-K · sec.gov
HLENDHPS Corporate Lending FundGateRedemption gate / pro-rata proration (first since inception)Q1 2026 repurchase offer: shareholders tendered 9.3% of shares outstanding (as of Dec 31, 2025). Fund honored the standard 5% cap — approximately $620M. First quarter since HLEND inception that requests exceeded the 5% framework. HLEND was the first publicly registered non-traded BDC in this cycle to prorate (preceded Apollo ADS). Unfulfilled requests do not automatically carry forward.105dredED·AltHarbor editorial
BPEFBrookfield Private Equity Fund LPCreditFund entered secured revolving credit facility up to $500M, SOFR + 3.65%, LTV not above 50%,...108dgreen8-K · sec.gov
OTICBlue Owl Technology Income Corp.TenderThird-party hostile tender offer announcedSaba Capital and Cox Capital Partners disclosed intention to commence tender offers for OTIC shares at a 20–35% discount to NAV/DRIP price, targeting investors trapped behind the 5% quarterly cap.119dgreenED·AltHarbor editorial
GSPCCGoldman Sachs Private Credit CorpTenderGSPCC disclosed a tender, repurchase, or redemption-program update in its 2026-02-17 8-K.122dgreen8-K · sec.gov
OABIXOaktree Asset-Backed Income Fund Inc.TenderFebruary 2026 quarterly repurchase offer completedOABIX completed a February 9, 2026 quarterly repurchase offer for up to 5% of outstanding shares, repurchasing $104,084 and 9,951 shares; Oaktree and affiliates also purchased shares for a special distribution.130dgreenN-CSR · sec.gov
ADCFApollo Diversified Credit FundTenderFebruary 2026 quarterly repurchase offer completedADCF completed the February 3, 2026 quarterly repurchase offer, repurchasing approximately 4.5% of outstanding shares, or 3,368,794 shares, for $76,575,077.136dgreenN-CSR · sec.gov
ADSApollo Debt Solutions BDCTenderADS disclosed a tender, repurchase, or redemption-program update in its 2026-01-15 8-K.155dgreen8-K · sec.gov
HLENDHPS Corporate Lending FundTenderHLEND disclosed a tender, repurchase, or redemption-program update in its 2026-01-07 8-K.164dgreen8-K · sec.gov

Liquidity tape

Redemption pressure

Income tape

Distribution changes