Blue Owl sells $1.4B loan portfolio to pensions and its insurer
TL;DR Summary
Blue Owl Capital reportedly sold a $1.4 billion portfolio of loans at about par (99.7%) to major pension funds and its own insurer to raise cash for private-credit redemptions.
- Blue Owl sold $1.4B loan portfolio to pension giants, own insurer (OWL:NYSE) Seeking Alpha
- 'Canary in the coal mine': Blue Owl liquidity curbs fuel fears about private credit bubble CNBC
- Blue Owl Sold Private Loans to Pension Giants and Own Insurer Bloomberg.com
- Blue Owl Capital Sets Off New Fears About the Private Credit Industry The New York Times
- Blue Owl halts redemptions at one of its funds, deepening selloff in private equity shares Reuters
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