Your email has been successfully added to our mailing list.

×
0 0 -0.00491949910554559 -0.00805008944543827 -0.0272808586762075 -0.037567084078712 -0.0424865831842576 -0.0283989266547405
Stock impact report

Blue Owl Cuts Fees for Early European Private Credit Investors [Yahoo! Finance Canada]

Blue Owl Capital Inc. Class A (OWL) 
Most Read from Bloomberg The private capital manager is offering to remove performance charges, also known as carried interest, for early investors to kickstart its first direct lending fund based in the region. It's also cut management fees to levels typically seen in mutual funds. The private credit fund will invest in US assets and charge participants a 0.65% management fee in the initial €1 billion ($1.05 billion) of fundraising, according to people with knowledge of the matter. Private credit and special situations funds typically charge around 1-2% in management fees. Cutting fees is common practice among private credit firms in order to attract early investors. Fundraising can be especially tough in Europe, with players like Blackstone Inc. struggling to bring in capital at the rate they have in the US market, due to the complexities of distribution and a patchwork of regulations. Limited partners — an industry term for private assets fund investors — may also benefit Show less Read more
Impact Snapshot
Event Time:
OWL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for OWL alerts
Opt-in for
OWL alerts

from News Quantified
Opt-in for
OWL alerts

from News Quantified