Blue Owl, the group at the centre of recent turmoil in private credit, is planning a “big push” into insurance to tap a growing source of long-term capital as it seeks to expand into new areas.
Blue Owl, the group at the centre of recent turmoil in private credit, is planning a “big push” into insurance to tap a growing source of long-term capital as it seeks to expand into new areas.
The latest private debt fund to limit redemptions by its wealthy investors is the $25 billion Apollo Debt Solutions.
Shares of the biggest private investment managers on Wall Street tumbled on Thursday after Blue Owl permanently restricted investors from exiting a debt fund for retail investors, sending shivers through the industry.