Direct lenders trade USD 5bn Dun & Bradstreet private credit loan at 95 cents on dollar
EXCLUSIVE: The giant USD 5bn unitranche, which brought together more than 20 direct lenders to back Clearlake’s acquisition of Dun & Bradstreet last year, is now being shown to private credit managers at a discount

Exit requests surpass 40% at Blue Owl’s semi-liquid, technology lending fund
The private credit fund designed for individual investors saw quarterly redemption requests surge, leading the fund to impose its 5% exit cap

Blue Owl shares drop nearly 6% as market faces nontraded BDC “confusion”
Investors in the nontraded BDC OBDC II should be getting more money back after the announced portfolio sale yesterday, indicating that there might be “some confusion” in the market, KBRA said

Blue Owl saw strong demand for USD 1.4bn of direct loans sold to investors
Blue Owl expanded the number of BDCs that sold private credit positions, including internet and software loans, to North American institutional investors at 99.7% of par value 

Inflows for nontraded BDCs slow while redemptions rise – Fitch
The negative investor sentiment seen last year for listed BDCs now hits perpetual, non-traded BDCs

Blue Owl’s blunder and risk of retail investment dominate discussions at SuperReturn Private Credit
Blue Owl abandons OBDC and OBDC II merger plan due to market conditions; Retail investors pose risk to private credit, with potential for forced selling in downturn

Asset-based lending increasingly acts as private debt diversifier
Direct lender Bow River is the latest manager to acquire a lower middle market asset-based financing firm as investors seek to diversify existing private debt portfolios

Clearlake seals largest new direct lending deal for Dun & Bradstreet
Ares leads deal, taking USD 1.5bn; Morgan Stanley, Clearlake Capital Markets, Golub and Blue Owl also helped arrange the largest new unitranche ever

JPMorgan enters private credit big leagues with USD 4bn Boeing unit financing
EXCLUSIVE: The bank takes down the third-largest piece of the giant unitranche, lending shoulder-to-shoulder with direct-lending giants

Blue Owl raises more than USD 2bn for evergreen direct lending strategy
Blue Owl has raised more than USD 2bn for its sophomore direct lending fund that focuses on senior, first-lien loans

Blue Owl moves to launch direct lending business in Europe
US-based asset manager Blue Owl is looking to launch a direct lending business in Europe and is interviewing deal-markers in the regions

Blue Owl scoops up Atalaya Capital for USD 450m
Private credit manager Blue Owl Capital is raising the stakes on its place in the USD 1.7trn global market with the purchase of asset-based credit specialist Atalaya Capital

Blue Owl pulls off tight reset for 2020 middle market CLO
Another Covid-era middle market deal was restructured yesterday, as Blue Owl pulled the trigger on a USD 395.31m reset 

Texas-based pension system commits USD 90m to direct lending fund
The City of Austin City Employees' Retirement System, or COAERS, has committed USD 90m to the Blue Owl Diversified Lending Fund

Blue Owl prices third deal this year
Blue Owl has priced its second private credit CLO of 2024, and its third deal this year overall, with a near-USD 600m transaction on Wednesday

Blue Owl prices first private credit CLO of the year
Blue Owl yesterday pulled the trigger on its CLO primary market activity in 2024, pricing the first private credit deal of the year, and its own 25th private credit CLO since inception

Blue Owl cuts equity by a third in reset of 2019 CLO
Blue Owl last week capped off a busy 12 months with a dramatic reset of its first-ever private credit CLO, the 2019-vintage Owl Rock CLO I – marking the manager’s 24th middle market deal

Blue Owl launches second tech CLO
Building on an already-busy month, Blue Owl has priced its third CLO in as many weeks, with an upsized pricing of a new single-sector private credit CLO. 

Florida-based pension commits USD 20 million to direct lending fund
The Jacksonville, Fla. Police and Fire Pension Fund approved a USD 20m commitment to a diversified lending fund

Direct lending firm hires partner from Blue Owl
The newest addition to the team will focus on product and business development

Abu Dhabi-based sovereign investors put $1 billion into tech-focused credit platform
Abu Dhabi-based sovereign investor forms strategic partnership with US asset manager as it focuses on technology lending strategy

Scotiabank gets first CLO deal with Blue Owl tech reset
Scotiabank scored its first CLO arranging credit on Monday after serving as joint bookrunner with MUFG on a $204 million reset for Blue Owl Capital

Goldman Sachs makes middle market CLO debut arranging deal for Blue Owl
Goldman Sachs became a middle market CLO arranger for the first time on Tuesday after issuing a deal for Blue Owl Capital named Owl Rock CLO XIII

Scotiabank clocks first CLO arranging credit on upcoming Owl Rock reset
Scotiabank is set to claim its first CLO issuance later this month after it emerged that the bank is acting as joint bookrunner on a reset of Owl Rock Technology Financing 2020-1

Blue Owl surpasses $1 billion mid market CLOs in 2023 as asset class booms
Blue Owl Capital became the second firm to print three middle market CLOs in 2023 on Tuesday, surpassing $1 billion in volumes for the year