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private credit

Blue Owl Capital (OWL) Scraps OBDC–OBDC II Merger as Redemption Freeze Roils the $3 Trillion Private Credit Market

Blue Owl Capital (OWL) Scraps OBDC–OBDC II Merger as Redemption Freeze Roils the $3 Trillion Private Credit Market

Alternative asset manager Blue Owl Capital Inc. (NYSE: OWL) has pulled the plug on a controversial merger of two of its private-credit funds, capping a tumultuous week that has turned one mid‑size Wall Street firm into the poster child for
First Brands Group Files for Chapter 11, Discloses $10–$50 Billion in Liabilities

First Brands’ Implosion Rips Through Private Credit: $2.3 B Disappears, Wall Street Scrambles

How a Hidden Financing Scheme Brought Down First Brands In hindsight, red flags were mounting at First Brands Group well before its spectacular implosion. The Ohio-based auto-parts supplier had become an industry heavyweight by gobbling up rivals with debt-fueled acquisitions, amassing an enormous
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