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0 0 0.00695449241540253 0.00583430571761969 0.00119019836639453 0.00583430571761969 0.0100583430571762 0.00933488914819137
Stock impact report

Blue Owl's Latest Withdrawal Limits Ratchet Up Investor Concerns About Private Credit [Yahoo! Finance]

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: Yahoo! Finance
Private credit experts say the mass withdrawals are effectively stress testing the market, but that the gates on withdrawals don't necessarily indicate something is broken. There's nothing to fear but fear itself...in private credit Case in point: Blue Owl Capital's private credit woes. Concerns about private credit—that is the $3 trillion market of loans from non-bank lenders such as private funds, asset managers and insurance companies—has driven masses of investors to the exits. In the face of uber high withdrawal requests—for example, Blue Owl's flagship OCIC fund received redemption requests for about 21.9% of shares outstanding in the first quarter, and its tech-focused fund, 40.7% of shares—the firm has further capped redemptions at 5% from 15% previously. Other asset managers that offer non-publicly traded private credit funds for retail investors—including Apollo Global Management ( APO ), Ares Management ( ARES ) and BlackRock ( BLK ) —recently made similar moves, lim Show less Read more
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