Asset Manager Shares Slump After Blue Owl Private Credit Funds Impose Limits

Shares of top asset managers slid Thursday, after Blue Owl Capital Inc. said it will limit redemptions from two of its private credit funds after facing a surge in withdrawal...

By Georgie McKay · Bloomberg Markets

Shares of top asset managers slid Thursday, after Blue Owl Capital Inc. said it will limit redemptions from two of its private credit funds after facing a surge in withdrawal requests.