As the war of words rages on, the market damage is undeniable. Just this year, shares of Ares Management Corp. have plunged 26%, Blue Owl is down 24%, Blackstone Inc. has dropped 23% and Apollo Global Management Inc. has slumped 19%, as shareholders take flight from asset managers that have plowed into private credit.Bank analysts are also jumping into the fray. Bank of America Corp. called Blue Owl a buy, blasting “misinformation” around the money manager. Those at UBS Group AG, though, now see an even ble ...

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 These things typically have gating rules about how much of the fund can be withdrawn in any given quarter.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 ...

Opinion: Wall Street is courting Main Street with shiny private-market products — the risks are hiding in plain sight - MarketWatch## Outside the Box# Opinion: Wall Street is courting Main Street with shiny private-market products — the risks are hiding in plain sight## Private credit and other institutional investments are now within reach for individuals. But their promises don't always align with your portfolio.Published: Feb. 26, 2026 at 8:05 a.m. ETShareResize---Listen(9 min)Buying into a private-marke ...

美国人工智能数据中心建设正因为现实因素而陷入停滞。房地产咨询公司世邦魏理仕（CBRE）周三发 布的最新报告指出，美国在建数据中心容量从2024年末的6.35吉瓦降至2025年末的5.99吉瓦。 近年来，美国社会关于数据中心的矛盾越发尖锐，在社区压力下，已经有多个州出台了限制政策。如纽 约州议员针对20兆瓦以上的数据中心提出为期三年的暂停令，并要求其承担相关成本，尤其是电力方 面。 佐治亚州和弗吉尼亚州同样也出台了相关法令，并阻碍了数据中心的新建项目。数据显示，仅在2025年 第二季度，因为社区反对就导致8个在美的数据中心项目流产，9个项目延期，涉及投资达980亿美元。 与此同时，美国老化的电网也不堪重负。弗吉尼亚州北部的电力供应商Dominion Energy表示，连结大 型数据中心到电网的时间将增加1至3年，某些情况下甚至需要等待7年。 另一个案例是硅谷腹地的Digital Realty和Stack Infrastructure两个项目，其毗邻英伟达总部，但因为电网 问题正处于空置状态。这两个园区加起来拥有近100兆瓦的容量，有报道预测这两个数据中心将闲置数 年。 尽管科技巨头对数据中心的投资热情尚未减退， ...

Core Insights - Companies in the S&P 500 experienced a 13% growth in earnings during the fourth quarter, exceeding expectations by nearly six percentage points, and expressed optimism for the upcoming year [1][8] - Despite strong earnings, the S&P 500 index fell by 1.7% over a six-week period, marking one of the worst performances during earnings seasons in the last decade [2][8] Earnings Performance - The number of firms in the Russell 3000 Index that raised guidance was four times greater than those that cut it, a ratio not seen since post-recession periods or after the 2018 tax reform [1][8] - The strong earnings season contrasts sharply with the stock market's performance, indicating a disconnect between corporate success and market reactions [5][9] Market Sentiment and Trends - The initial monolithic AI trade has shifted to a more selective approach, termed the "scare trade," which involves rapid repricing of industries perceived as vulnerable to AI applications [3][5] - Concerns regarding a potential US invasion of Iran and its impact on the global energy market have led investors to seek safer investments [3][8] Sector Analysis - While sectors like industrials and energy have seen higher multiples due to greater certainty and solid results, they do not carry as significant a weighting in the overall market [6][9] - Uncertainty surrounding AI and private credit has dampened the multiples investors are willing to pay for sectors such as software and fintech [5][9] Investor Concerns - A bearish report from Citrini Research and warnings from Nassim Taleb intensified fears regarding AI disruption, leading to significant sell-offs, including IBM's worst decline in over 25 years [7][9] - Investors are increasingly worried about the future impacts of AI on capital expenditures and potential disruptions to software companies [7][9] - Tariff uncertainties have also affected market sentiment, with the US Supreme Court's decision to strike down previous tariffs initially causing optimism, which was later tempered by new import levy proposals [7][9]

When Blue Owl Capital’s OBDC IIfund limited withdrawals by stopping quarterly tenders in favor of a 30% distribution plan, the market wasn’t so happy: (-10% stock drop). ​The asset giant’s liquidity rules were structured under the guise of ‘normal’ conditions, but got hit by a redemption rush just as public markets started to price private credit at a discount to its stated value. ​On Feb 18, 2026, Blue Owl sold off $1.4B in loans at almost par, 99.7%, which is the opposite of a "steep haircut." But the ...

智通财经APP注意到，美国企业界刚刚交出了记忆中最为强劲的一个财报季，但如果仅看股市表现，投 资者恐怕很难察觉到这一点。 标普500指数成分股公司在第四季度的利润增长了13%，比预期高出近6个百分点。同时，这些公司也对 未来一年展现了乐观态度。 根据杰富瑞的数据，罗素3000指数中上调业绩指引的公司数量与下调公司的比例为4:1——这一水平上 一次出现还是在经济衰退结束之后，或是2018年税改之后。 然而，在摩根大通与沃尔玛先后发布财报的这六周时间里，标普500指数下跌了1.7%——这追平了过去 10个季度中财报期内的最差表现。 问题的部分原因在于财报季开启时股市所处的位置——由于市场对人工智能的押注以及消费支出稳健的 迹象，股价基本处于历史高位。但更令人担忧的是，近几周令投资者晕头转向的种种不确定性。 一度整齐划一、全线上涨的AI交易，先是演变成了寻找赢家与输家的博弈，随后又再次转向了所谓 的"恐慌交易"——即针对那些被认为容易受到AI应用冲击的行业进行快速重新定价。 与此同时，美国入侵伊朗的可能性及其对全球能源市场的影响，迫使部分投资者转向更安全的押注。 Blue Owl Capital Inc.出现的麻烦 ...

The surge of insurance capital into private markets is boosting hiring and pay deals in the sector despite recent jitters, with senior managing directors asking for pay packets of $2.5 million and above.Those are some of the findings in the latest credit industry recruitment report from RCQ Associates, which said that mandates for professionals experienced in asset-backed financing jumped almost 60% in 2025 from a year earlier. For top staff with in-demand skills, the base salary and bonus packages are bein ...

Private-Credit BDC Market Offers a Choice: Cheap Public Funds or Richer Private Ones - 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.# Private-Credit BDC Market Offers a Choice: Cheap Public Funds or Richer Private OnesBy [Andrew Bary]ShareRe ...

Bank of America stock is volatile. Where are BAC shares going?Private Credit Sell-Off Rattles FinancialsPressure began late last week after Blue Owl Capital said it would sell roughly $1.4 billion of loans from a private credit fund to meet redemption demands and unwind a planned merger.Forced sales at book value stoked fears that similar vehicles may be over-promising liquidity and could be forced to crystallize losses as investors rush for the exits. The news has slammed alternative-asset managers and pul ...