Blue Owl private credit funds redemptions capped at 5% after steep requests

Blue Owl private credit funds redemptions capped at 5% after steep requests

Blue Owl is experiencing elevated redemption requests for two of its private credit funds, according to letters to shareholders issued Thursday. The firm’s flagship OCIC fund, with about $36 billion in assets under management, received redemption requests of about 21.9% of shares outstanding during the first quarter, the firm said. Blue Owl’s smaller, tech-oriented fund,…

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SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025.  Kazuhiro Nogi | Afp | Getty Images A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia‘s sharp drop overnight defied its stronger-than-expected earnings and bullish outlook. SoftBank plunged more…

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