Private credit major Blue Owl Capital saw its shares fall to a record low on Monday, extending a multi-week slide driven by growing unease over the $1.8tn private credit market, according to a report by Bloomberg.
The stock closed at $8.45, down 1.4%, dipping below its previous low from late 2022.
The decline followed the firm’s announcement that it would temporarily restrict redemptions from two of its private credit funds after a spike in withdrawal requests. Retail-focused business developmen...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.
Alternative Investment News