Blue Owl (OWL) Head of Credit Packer reiterates that the Co. is not halting redemptions, instead they're just changing form; we are selective regarding making loans to software companies, via CNBC interview

Blue Owl's Head of Credit emphasized that while the company is not halting redemptions, they are changing their approach to loans, particularly to software firms.

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Blue Owl (OWL) Head of Credit Packer reiterates that the Co. is not halting redemptions, instead they're just changing form; we are selective regarding making loans to software companies, via CNBC interview

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  • We think this is a difficult short-term patch.
  • For OBDC two, we are going to continue to return capital in an accelerated manner, ideally every quarter. 
Context

This indicates a selective credit stance amidst challenging conditions, which could influence investor sentiment and capital flow in related sectors, especially during this turbulent short-term phase.

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