Credit Fears Put Blue Owl on Track For Worst Month Since 2022

Shares of Blue Owl Capital Inc. notched the worst monthly decline on record, as investor anxiety deepened over turbulence in the $1.8 trillion private credit industry.

Blue Owl’s stock fell 23% in February. Blue Owl Technology Finance Corp., one of the firm’s business development companies, fell 16% for the same period, also the worst month on record.