Public worries over the world of private debt have forced major lender Blue Owl Capital (OWL) to scrap plans to give a clear way out to shareholders in one of its private funds.
The situation draws more scrutiny to the opaque world of private debt, which has boomed in recent years — and is now gradually making its way into millions of American brokerage and retirement accounts.
New York-based Blue Owl, one of the nation's largest private lenders, called off a planned merger on Thursday that would have combined two of its debt funds — a smaller private fund ($1.7 billion) and a larger public
The situation draws more scrutiny to the opaque world of private debt, which has boomed in recent years — and is now gradually making its way into millions of American brokerage and retirement accounts.
New York-based Blue Owl, one of the nation's largest private lenders, called off a planned merger on Thursday that would have combined two of its debt funds — a smaller private fund ($1.7 billion) and a larger public
1 month ago
