Boaz Weinstein Offers Blue Owl Investors a Costly Exit
Activist offer coincides with fresh fears of a reckoning in private credit
Welcome to Going Private, I’m Sinead Cruise and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at the juicy pay packages asset-backed finance experts could command and some tough love from a senior private equity investor, who says peers caught out by the software selloff should have seen it coming. But first we explore the future for semi-liquid vehicles holding private credit and the price of freedom for want-away investors. If you’re not already on our list, sign up here. Have feedback? Email us at goingprivate@bloomberg.net
Boaz Weinstein’s warnings on the demise of private credit might have hit home harder if his business had nothing to gain from the sector’s latest dislocation.