Blue Owl Capital's shares fell sharply after limiting withdrawals from a key private credit fund and selling $1.4B in loans. This highlights risks in the growing $1.8 trillion private credit market for everyday investors.
Blue Owl Capital withdraws from Oracle's $10B Michigan data center project amid concerns over rising debt and AI spending. Blackstone in talks to replace funding partner.
Shares of Zions Bancorp and Western Alliance tumbled after disclosing loan fraud tied to distressed commercial mortgages. This adds to wider concerns about asset quality, following bankruptcies like Tricolor and First Brands, and raises questions about regional lenders' risk exposure.
