Matt Wirz

Investors continue to put money into Arini’s $7.3 billion flagship fund, betting that rising rates will create more opportunities for founder Hamza Lemssouguer.

Executives at the private-credit giant have been trying to reassure employees, yet Blue Owl stock is down about 67% from its record high in January 2025.

When Blue Owl found itself at the center of the backlash against private credit in early March, its top executives sought to calm staff, telling them in a firmwide meeting, “We're going to emerge stronger from this storm.”

Software firms account for about a third of the risky corporate loans due in 2028 and 2029.

Hock Tan was running out of patience. The CEO of chip maker Broadcom had spent nearly two months trying to get banks to commit over $40 billion to the largest artificial-intelligence debt deal ever.

Private-equity firms are scrambling to avoid big losses from a potential wave of defaults by the companies they own.

Fund managers are racing to negotiate loan extensions on much of a $300 billion wall of debt that is coming due starting in 2028. It is a pressing need that is intensifying because rising interest rates have made refinancing more expensive this year. And much of it is for software companies at risk

The merger of the two business-development companies will boost Ares Capital Corp. to over $31 billion.

Software firms account for about a third of the risky corporate loans due in 2028 and 2029.

Blue Owl Capital's stock is taking flight this morning, rising about 5% after the private-credit fund manager reported a surge in fundraising from institutional investors and steady growth in fee-related earnings.