Blue Owl stock slips again as SEC filings and private-credit redemptions keep investors jumpy
Blue Owl Capital struggled again Wednesday, remaining below the $10 listing line after dipping under it the previous session. Liquidity concerns in private-credit funds linger, and new insider filings haven't helped sentiment. Shares pointed lower, off roughly 3.8% at $10.27. These shifts are drawing attention as private credit faces its first real crunch from surging redemption demands—cash that retail-style funds say investors can take out, even if the loans themselves aren’t exactly liquid. Blackstone’s $82 billion BCRED, for instance, disclosed Monday it tapped both employee and firm money to stay under its redemption limits. Meanwhile, a Reuters Breakingviews piece pointed out that Blue Owl, a rival, had “recently suspended withdrawals” from one of its smaller funds.