TOP STORY: Hedge fund Saba Capital Management has offered to buy stakes in three funds run by Blue Owl Capital at steep discounts, as the private credit group works to stabilise investor confidence following the suspension of redemptions at a key retail vehicle, according to a report by the Financial Times.
Saba, led by founder Boaz Weinstein, said it would launch a tender offer allowing investors to sell shares in Blue Owl Capital Corporation II, which this week permanently halted redemptions,...
Continue Reading
Sign up for FREE to read the full article and access 128K+ alternative investment headlines.