Blue Owl co-founders no longer pledging shares for personal loans
Doug Ostrover and Marc Lipschultz had committed firm equity worth more than $1.1bn last year as collateral
Doug Ostrover and Marc Lipschultz had committed firm equity worth more than $1.1bn last year as collateral

Insider purchases intended to support stock in wake of abandoned merger

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

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

Growth in headline figure obscures worse than expected $700mn increase in fee-paying assets

Offer from Saba Capital to buy shares of private credit fund at 65 cents on the dollar fails to attract sellers

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