Blue Owl Tumbles as Investor Withdrawals Halted: Rugpull Or Business as Usual?

Blue Owl Capital shares dropped 9% following the firm's decision to halt quarterly redemptions for its $1.4 billion OBDC II fund, transition instead to structured periodic distributions. Analysts view the move as a protective measure for long-term investors during the fund's wind-down phase, despite broader market concerns about liquidity in the $3 trillion private credit sector.