AI Neocloud Nscale Targets $3 Billion IPO, Backed by $51 Billion in Contracted Revenue
Nvidia, Dell and Nokia-backed Nscale seeks up to $3B U.S. IPO.
Nvidia, Dell and Nokia-backed Nscale seeks up to $3B U.S. IPO.
Blue Owl saw redemption requests fall in Q2, with its flagship fund dropping to 19% from 22%. Total withdrawals eased to $4.7 billion amid improving investor confidence.
Private equity funds face heavy withdrawals, causing limits and stock drops as investors worry about liquidity and valuations.
Blue Owl Capital shares jumped after reporting strong Q1 fee-related earnings and revealing it sold half its SpaceX stake at a $1.25 trillion valuation — making 10x its investment.
Sila Realty Trust is being bought by Blue Owl for $2.4B in cash, paying a 19% premium; it will go private and delist.
CEOs removed risky share-backed loans, easing fears, as investors worry about private credit and withdrawals.