Blue Owl and private credit’s structural problem
Troubles at New York-based asset manager are making investors nervous about the wider industry
Troubles at New York-based asset manager are making investors nervous about the wider industry

US fund manager has become a warning of what happens when exotic products do not go to plan

New York investment group backtracks from earlier plan to reopen to withdrawals

Investment group’s decision sends shivers through industry

Asset manager blocks redemptions from one of its first private debt vehicles targeting wealthy individuals

Fund it operates took in fraction of capital from year-ago level as worries mount over potential surge in loan defaults

Investor redemptions and fears of AI disruption to software companies have prompted worries across the industry