Summary

Blue Owl Capital Inc. is facing significant challenges as investors withdraw funds from its private credit funds, particularly the OBDC II fund, which has been gated. This has led to a sharp decline in Blue Owl’s stock price and raised concerns about the broader private credit market, reminiscent of the 2008 financial crisis. The firm is selling assets to return capital to investors, but the situation has sparked scrutiny and calls for increased oversight of the industry.

https://www.theedgesingapore.com/news/news/blue-owl-anxiety-rattles-us18-tril-private-credit-market