Blue Owl retail fundraising evaporates amid private credit concerns
Fund it operates took in fraction of capital from year-ago level as worries mount over potential surge in loan defaults
Related reading
Blue Owl private credit fund merger leaves some investors facing 20% hit
Asset manager blocks redemptions from one of its first private debt vehicles targeting wealthy individuals
Blue Owl slides below listing price as private credit worries mount
Investor redemptions and fears of AI disruption to software companies have prompted worries across the industry
Blue Owl draws in $9bn as private credit market cools
Growth in headline figure obscures worse than expected $700mn increase in fee-paying assets
Blue Owl executives and staff bought $200mn in shares after sell-off
Insider purchases intended to support stock in wake of abandoned merger
Retail investors shun private credit funds after Blue Owl gating
Fears mount that outflows may soon overwhelm inflows to some of largest players
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