(Bloomberg) -- Novak Djokovic, a 24-time Grand Slam tennis champion, joined General Atlantic as the firm dives deeper into sports investing. Most Read from BloombergApple Shares Sink After Price Hikes Hit iPads and MacsIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetShip Struck in Hormuz as Oil Supertankers Turn Back AgainMamdani Delivers Rent Freeze in Milestone for NYC TenantsDjokovic, the most dominant player in the O
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
(Bloomberg) -- Blue Owl Capital Inc. is in advanced talks to buy a minority stake of the NBA’s Cleveland Cavaliers, according to people familiar with the matter. Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetGrand Ole Opry House Up For Sale by Owner Ryman HospitalityStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapMicron Soars After AI-Fueled Forecast Shatters EstimatesStocks Climb Late After Micron’s Blowout Outlook: Markets WrapThe transa
Many are waiting in line to get their money out of the once-popular asset class as redemption requests accelerate.
Analysts expect high withdrawals to last more than a year, increasing the risk of forced liquidations.
(Bloomberg) -- One of Blue Owl Capital Inc.’s private credit funds that capped redemptions earlier this year is set to raise $500 million from an investment-grade bond sale.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalLA Mayor Race Flips as Socialist Beats Reality TV Star PrattWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperi
(Bloomberg) -- Private market dealmakers attending SuperReturn in Berlin this week are likely to be handed a short but sharp to-do list by their investors: give us our money back.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksAI Trade Unwind Rocks Korean Traders L
Private-credit woes are back in focus after a pair of l funds limited redemptions in the second quarter
Shares in Swiss private-markets firm Partners Group are tumbling after it capped withdrawals from its Global Value SICAV fund, citing a jump in investors looking to pull out. The move came just a day after, Cliffwater limited withdrawals from its flagship private credit fund after more investors headed for the exits, the Journal reported.
Doug Ostrover is selling the last of his stake in the NFL team after the stock of his investment firm plummeted.
Blue Owl Capital (NYSE:OBDC) reported first-quarter 2026 adjusted net investment income of $0.31 per share and net asset value per share of $14.41, as management said lower base rates, tighter spreads and reduced fee income weighed on earnings. Chief Executive Officer Craig Packer said the quarter
The stock market has lots of questions about private-credit funds, namely how much they’re really worth. Blue Owl Capital is an example. The fund, known as OBDC, cut its net assets 3% to about $7.2 billion when reporting first-quarter results last week.
The decline in returns is due to the Federal Reserve’s rate cuts and rising defaults on their loans, firms say.
A new report out from the Federal Reserve on Friday says risks to the financial system from private credit "appear limited and manageable."
(Bloomberg) -- Apollo Global Management Inc. and Blackstone Inc. are among private credit lenders involved in talks with chipmaker Broadcom Inc. over a roughly $35 billion financing, the latest indication that companies are mobilizing all sources of capital to fund the AI build-out. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS Fires on Iranian Targets as Trump Demands Deal From
Lee says activity in recent months point to a bullish phase for cryptocurrencies.
(Bloomberg) -- Blue Owl Capital is preparing to launch a debut credit secondaries strategy and is in early-stage talks with prospective investors for the fund, according to a person familiar with the matter.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsChina Asks Banks to Pause New Loans to US-Sanctioned RefinerSony to Pay
Stack Infrastructure, a data centre firm owned by Blue Owl Capital, is considering its options, including a sale of its Asia operations in a deal valued at more than $30 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. Stack and Blue Owl did not immediately respond to a request for comment outside of business hours. The potential sale comes after Blue Owl told investors in April that it was limiting withdrawals from two of its funds after a historic level of redemption requests came in for the first quarter.
Private credit has been under a microscope lately. Investors have been asking hard questions about exposure to software companies, rising redemptions in non-traded funds, and what happens when artificial intelligence disrupts entire industries. Blue Owl Capital has been squarely in the middle of ...
Navigator could increase the number of deals it does each year under a strategic partnership formed as part of its latest $195 million acquisition, the Australian alternative investment manager’s CEO said.