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Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund
Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund
Things are getting from bad to worse for Private Credit giant Blue Owl Capital.
The last time we looked at the firm's precarious liquidity situation about a month ago, we found that the Blue Owl BDC would allow for 17% redemptions as investors, burned by both the tumbling stock price and the company's massive exposure to ticking private credit time bombs, were storming for the exit.
Blue Owl BDC Allows for 17% Redemptions as Investors Storm Exit: BBG
— zerohedge (@zerohedge) January...
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Nov 4, 2026 / Tyler Durden
How The Historic Blue Tsunami Could End In Tears For Democrats
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Democrats are celebrating one of their biggest midterm victories in decades, but their historic triumph could come with a nasty political hangover.
Senate Democratic Leader Chuck Schumer, right, and House Democratic Leader Hakeem Jeffries, both of New York Anadolu via Getty Images file
The party's sweeping gains in Tuesday's elections delivered a major rebuke to President Donald Trump, as voter frustration over the Iran war, soaring gas prices and the cost of living fueled a nationwide Democratic surge.However, the New York...
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Watch Live: President Trump Holds Press Conference On Iran War
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Summary:
A Sunday night Axios report on a US-proposed 45-day ceasefire has by Monday morning been rejected by Iran, which later on Monday issued a 10-point letter via Pakistan.
Israel strikes large petrochemical plant at South Pars, which is responsible for half of the country’s petrochemical production.
Trump reaffirms Tuesday deadline before vital infrastructure gets attacked as 'final', calls Americans opposed to Iran war 'foolish' - saying it's all about Tehran not getting a nuke.
Israel kills experienced longtime head of IRGC intelligence; Iranian missile...
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Aug 15, 2026 / Tyler Durden
Hawaii Braces For Direct Tropical Storm Hit On Big Island
Hawaii Braces For Direct Tropical Storm Hit On Big Island
Hawaii's Big Island is under a hurricane warning as Tropical Storm Lala is expected to make landfall on Saturday local time, according to the National Hurricane Center.
"This is a very serious storm," Hawaii Gov. Josh Green told reporters late Friday night. "We have not had a hurricane make landfall in quite some time. So none of us really have experienced this really in, you know, the last couple of decades."
Friday August 14, 2026, 10:10 PM: Lala is about to...
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