Blue Owl Capital repurchased a combined $90m of shares across two of its business development companies (BDCs) during Q2, extending its share buyback programme as the private credit manager looks to support investor value amid continued volatility in the sector, according to a report by Bloomberg.
The firm’s flagship listed private credit vehicle, Blue Owl Capital Corporation (OBDC), repurchased approximately $35m of its shares during the quarter. The fund also reported a 1% decline in net asset...
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