Jim Cramer on Blue Owl Capital: “Things Just Seem to Be Getting Worse Here, Not Better”

Blue Owl Capital Inc. (NYSE:OWL) is one of the stocks that was on Jim Cramer’s radar recently. Cramer discussed the company’s changing strategies, as he stated: … Starting last year, one of Blue Owl’s oldest BDCs, a private one called Blue Owl Capital Corp II, ran into trouble. These things typically have gating rules about how much of the fund can be withdrawn in any given quarter. For Blue Owl Capital II, it’s a 5% limit on redemptions, and they hit that limit in both the second and third quarter. Now th ...