Blue Owl's move to halt redemptions from one of its funds raises a worrying red flag for investors in private assets, writes @PaulJDavies (via @opinion) https://t.co/8tw38piIpq ...

In Going Private, our twice-weekly newsletter on private markets, we explore the fund saga at Blue Owl and growing demand to hedge debt raised by hyperscalers. https://t.co/YL4qCLn0xq ...

>> IT IS 5:00 A. M. IN NEW YORK CITY.GOOD MORNING. I AM TYLER KENDALL IN FOR VONNIE QUINN WITH YOUR "BLOOMBERG BRIEF ." OIL TRADING DOWN AFTER RALLY TO A SIX-MONTH HIGH AS PRESIDENT TRUMP GIVES IRAN 15 DAYS TO REACH A DEAL. A PRIVATE CREDIT WARNING.BLUE OWL SELLS A PORTFOLIO OF LOANS TO HELP PAY OUT INVESTORS AND MARKETS AWAIT THE LATEST PCE DATA AND A POSSIBLE SUPREME COURT RULING ON PRESIDENT TRUMP'S TARIFFS. HAPPY FRIDAY. FUTURES POINTED HIGHER AFTER WE SAW GEOPOLITICAL TENSIONS YESTERDAY PUSH STOCKS DOW ...

>> GOOD MORNING. IT IS FRIDAY, FEBRUARY 20. PRIVATE CREDIT CRACKS AND IT'S A BIG DAY TODAY IN THE U.S..GUY: BRENT CRUDE IS UP BY ANOTHER .5%. 7202. MOVING AWAY FROM WTI. DUBAI IS MOVING AWAY FROM BRENT.THE STORY OUT OF THE OIL MARKET IS OF SIMMERING CONCERN ABOUT WHAT IS HAPPENING AND WHAT COULD HAPPEN THIS WEEK AND WITH IRAN. U.S. STOCK FUTURES HIGHER THIS MORNING UP BY AROUND .5% GOING INTO DATA IN THE U.S. LATER WITH EARNINGS TO FACTOR IN AS WELL. THE DOLLAR GETTING A LITTLE TRACTION.11757, DOWN ON EURO- ...

Paul. I don't know what's going to happen this weekend, but I think anybody does. Maybe President Trump does.Geopolitics is dominating. The oil price is climbing. How big a risk to risk assets is this.Yeah. Good morning, Guy. Well, I was joking with my manager a while back, telling him, you know, we've got the risk of a collapse of the British monarchy. We've got on the brink of a war.We've got, you know, private markets under extreme pressure, possible threat of an alien invasion. You know, Asian index giv ...

Market Overview - Geopolitical tensions are influencing market dynamics, with oil prices, particularly Brent crude, reaching the highest levels of the year, indicating increased market nerves [2][3] - Despite some risk-off sentiment in the US session, Asian markets are showing resilience, with futures indicating a recovery from previous losses [4][7] Private Markets - The private credit market is under scrutiny, with concerns about opacity and potential risks reminiscent of the financial crisis, although some companies report low default rates [5][6] - Asset managers are experiencing volatility due to fears of contagion from the private credit sector, highlighting the uncertainty in market exposure [6][7] Chinese Market Dynamics - The return of Asian markets, particularly China, is being closely monitored, with AI startups showing strong performance while larger platform companies like Alibaba and Tencent are struggling, reflecting underlying economic weaknesses [8][9]

Blue Owl found four buyers for a $1.4 billion portfolio of loans to help pay out investors: Three of North America’s biggest pension funds and its own insurance firm https://t.co/PIwfYvo4yI ...

ROMAINE: GEOPOLITICAL RISKS BUBBLES BACK UP AND STOCKS MELT BACK DOWN. LIVE FROM STUDIO TO COMING HERE AT BLOOMBERG HEADQUARTERS IN NEW YORK, I'M ROMAINE BOSTICK. KATIE: AND I'M KATIE GRAU FAILED.THE REBOUND WE SAW YESTERDAY, ALL OUT ON THE S&P 500, DOWN BY ABOUT .6%. BEING LED LOWER BY BIG TECH, DOWN ABOUT .7%, BOOSTING VOLATILITY WHEN IT COMES TO THIS EQUITY MARKET. YOU CAN SEE THE VIX BACK TO TRADING WITH A 20 HANDLE. YOU CAN SEE A LITTLE BIT OF ENTHUSIASM COMING TO BONDS.PRETTY MUCH FLAT ON THE DAY. THE ...

The sale raises fears that the industry's efforts to court individual investors will suffer. ...

Market Overview - Technology stocks dragged down US markets, halting two consecutive days of gains for major indices. The financial sector led the decline in the S&P 500, with asset management company Blue Owl dropping nearly 6% after restricting fund redemptions. Walmart's annual guidance was disappointing, leading to a drop of over 1%, while Apple fell more than 1%, underperforming among the "Tech Giants." Chip and software stocks also retreated, with Western Digital down 4% and Cadence Design nearly 3% [1][2]. Key News - Trump stated that the US and Iran must reach a meaningful agreement, or "bad things" will happen, with expectations of knowing the outcome in about ten days. The US military is reportedly prepared for potential strikes against Iran, marking the largest air force mobilization since the Iraq War [7][8]. - Blue Owl Capital's restriction on redemptions and loan sales raised concerns about the $1.8 trillion private credit market, causing its stock to drop about 10% intraday, leading to a 5.9% decline by the close. This has sparked worries about valuation transparency and loan quality in the industry [9]. - Nvidia's CEO Jensen Huang previewed unprecedented new chip products, with the next-generation Feynman architecture expected to be a focal point. Huang urged timely delivery of HBM4 chips from SK Hynix, emphasizing the critical nature of supply chain execution for the success of upcoming AI chips [10]. - Samsung's stock surged to an all-time high as reports indicated the company plans to raise prices for its new HBM4 chips by up to 30%, reaching approximately $700 per unit. This price increase reflects ongoing supply constraints in the AI memory market [11]. - OpenAI is finalizing a new funding round with a valuation of $830 billion, aiming to raise up to $100 billion. Major investors include SoftBank, Amazon, Nvidia, and Microsoft, with discussions of a potential IPO in the fourth quarter [11].