Core Insights - Investor confidence in private credit has been shaken following Blue Owl's decision to halt redemptions from its fund, raising concerns about the stability of other private-debt funds and BDCs [3][5][12] - The situation is being viewed as either a company-specific issue or indicative of broader industry problems, particularly with lending to software companies facing disruption from artificial intelligence [2][15] - The shares of asset managers involved in private credit have experienced significant declines, with Blue Owl's shares dropping around 12% in one week, and other firms like Blackstone and Apollo also facing losses [5][12] Group 1: Market Reactions - Shares of asset managers have been under pressure due to concerns over underwriting standards and the recent selloff in software companies, which are heavily represented in their loan portfolios [4][6] - The VanEck BDC Income ETF has seen a 1.9% weekly loss and has dropped over 25% in the past year, reflecting investor worries about the BDC sector [9] - Apollo Global's shares fell more than 4%, while Blackstone and Ares Management saw losses of 6.6% and 8% respectively during the same week [12] Group 2: Industry Concerns - The liquidity mismatch in publicly traded vehicles that package private loans is becoming apparent, leading to increased scrutiny from investors [8] - U.S. Treasury Secretary Scott Bessent expressed concerns about the growth of private credit outside the banking system and its potential impact on the regulated financial system [13][14] - The current economic expansion, despite a slowdown, may provide some support for private-credit managers, although fears of a recession could lead to higher default rates [14][15] Group 3: Company-Specific Developments - Blue Owl announced it would return 30% of OBDC II investors' capital at book value, aiming to alleviate concerns over liquidity [13] - The firm emphasized that it is not halting investor liquidity, but rather accelerating capital returns to shareholders [13] - The private-equity giants like Blackstone, Apollo, and KKR have significantly contributed to the growth of private credit, which is now facing scrutiny [11][10]

Core Viewpoint - The recent decline in asset-manager stocks is primarily attributed to investor concerns regarding the lending standards in the private-credit industry, particularly linked to a fund managed by Blue Owl Capital [1] Group 1: Market Impact - Shares of Blue Owl Capital (ticker: OWL) experienced a significant drop, with weekly losses reaching approximately 12% [1] - Other asset managers with exposure to private-credit businesses, including Ares Management (ARES), Blackstone (BX), Apollo Global Management (APO), and KKR & Co. (KKR), also saw declines in their stock prices during the week [1] Group 2: Investor Sentiment - Investor fears have intensified regarding the potential spillover effects from the private-credit sector, leading to broader anxiety in the market [1] - The selling pressure on asset managers indicates a growing concern about the stability and lending practices within the private-credit industry [1]

​Blackstone Inc. (NYSE:BX) is one of the Best Dip Stocks to Buy According to Hedge Funds. On February 17, Blackstone Inc. (NYSE:BX) announced that its perpetual private equity strategy fund (BXPE) has entered an agreement to acquire Champions Group from Odyssey Investment Partners. ​Champions Group is one of the top home services companies that offers a unique platform with essential residential services, including repairs and replacements in major US metropolitan areas. The group has more than 1,800 fiel ...

According to Reuters, the firm is also permanently halting redemptions in one of its funds while shifting toward structured capital distributions, underscoring the pressure facing private credit managers as investors reassess liquidity and valuation risks.Pressure builds in private markets, spills into equitiesThe announcement unsettled investors and contributed to a broader selloff among alternative asset managers, highlighting how developments in private markets can quickly transmit to publicly traded Th ...

2026.02.20 上涨阵营中，小牛电动收涨2.08%，知乎涨0.86%，老虎证券涨0.75%，富途控股涨0.65%，爱奇艺涨 0.57%，蔚来涨0.41%，新东方涨0.32%，微博涨0.30%。 金融股、软件股重挫 美国另类资管机构蓝猫头鹰资本（Blue Owl Capital）宣布出售14亿美元贷款资产，并将收紧投资者流动 性安排。投资者随即开始抛售私人信贷类股票，因市场担忧不透明的私人贷款领域可能出现损失。 本文字数：1529，阅读时长大约3分钟 作者 |第一财经 陈玺宇 周四（19日）美股三大股指悉数下跌。截至收盘，道指跌267.50点，跌幅0.54%，报49395.16点；纳指 跌70.91点，跌幅0.31%，报22682.73点；标普500指数跌19.42点，跌幅0.28%，报6861.89点。 总体来看，出于对私人信贷板块相关风险的担忧，投资者从金融板块撤离；另一方面，美国与伊朗之间 紧张局势持续升温，导致市场承压。标普500指数几乎抹去年内全部涨幅，科技股密集的纳指年内累计 跌幅已达2.41%。 龙头科技股表现低迷。苹果收跌1.43%，奈飞跌1.27%，微软跌0.29%，谷歌母公司Alpha ...

Blue Owl Move to Curb Redemptions at Private-Credit Fund Hits Alt Manager Stocks - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Blue Owl Move to Curb Redemptions at Private-Credit Fund Hits Alt Manager StocksBy [Andrew Bary]ShareResize---R ...

1.【特斯拉无人驾驶出租车运营8个月内发生14起事故】据特斯拉向美国监管机构提交的报告显示，该公 司无人驾驶出租车在奥斯汀投入运营8个月内上报了14起碰撞事故，事故类型包括财产损失、轻微受伤及 人员住院。特斯拉尚未披露目前在奥斯汀投放的无人驾驶出租车车队规模，但计划在年中前将服务拓展 至约另外7座城市。首起事故发生在去年7月，公司当时上报仅造成财产损失。但特斯拉在12月就该起事 故提交了补充报告，新增信息显示事故造成了轻微受伤与人员住院。另一起同样发生在7月的事故也导致 轻微受伤。特斯拉最新报告显示，1月上报了去年12月与今年1月发生的5起新事故。其中1月的一起事故 为一辆静止的无人驾驶出租车与奥斯汀市公交车相撞；另有两起事故是无人驾驶出租车在停车场倒车时 撞上物体。（新浪科技） 2.【黑石、EQT和CVC对大众Everllence部门提出收购要约】英国金融时报周三援引知情人士的话报道 称，大众汽车吸引了包括黑石 、EQT和CVC在内的顶级私募股权基金竞购其Everllence部门。报道还称， 大众汽车的Everllence部门生产船用发动机和热泵，潜在买家对该部门的估值在50亿欧元(59.2 亿美元) 到 ...

英国金融时报周三援引知情人士的话报道称，大众汽车吸引了包括黑石 、EQT和CVC在内的顶级私募 股权基金竞购其Everllence部门。报道还称，大众汽车的 Everllence 部门生产船用发动机和热泵，潜在 买家对该部门的估值在 50 亿欧元（59.2 亿美元） 到 60 亿欧元之间。 责任编辑：王永生 英国金融时报周三援引知情人士的话报道称，大众汽车吸引了包括黑石 、EQT和CVC在内的顶级私募 股权基金竞购其Everllence部门。报道还称，大众汽车的 Everllence 部门生产船用发动机和热泵，潜在 买家对该部门的估值在 50 亿欧元（59.2 亿美元） 到 60 亿欧元之间。 责任编辑：王永生 ...

Core Insights - Volkswagen has received bids from leading private equity firms such as Blackstone, EQT, and CVC for its Everllence division, indicating strong interest in the asset from major investment players [1] Group 1 - The involvement of top private equity funds suggests a competitive bidding environment for Volkswagen's Everllence division [1] - The Financial Times reported this development, highlighting the significance of the interest from these firms [1]

移动广告平台运营商Liftoff Mobile Inc.于周二晚间秘密重新提交上市申请。就在不到两周前，该公司刚 刚推迟了规模最高达7.62 亿美元的 IPO 计划。周二发布的公告显示，这家由黑石集团支持的移动应用 广告公司已递交 IPO 注册草案，发行股份数量与发行价格区间尚未确定。而就在数小时前，Liftoff 刚 刚撤回了此前的上市申请文件。Liftoff 撤回并重新提交申请，正值市场因担忧人工智能带来的冲击而引 发软件股大跌，其同行股价大幅下挫：AppLovin Corp. 年内股价下跌 44%，Unity Software Inc. 下跌 58%。Liftoff 在上市文件中曾将这两家公司列为竞争对手。据知情人士透露，黑石集团支持的未来数月 计划推进 IPO 的企业还包括：三明治连锁品牌Jersey Mike's Subs、地产软件公司Entrata以及压缩机制造 商Copeland。 来源：滚动播报 ...