Brown University has significantly reduced its exposure to a listed private credit vehicle managed by Blue Owl Capital, trimming its holding by more than half, according to a report by Reuters citing a recent Form 13-F regulatory filing.
The Ivy League institution’s $8bn endowment cut its position in Blue Owl Capital Corp (OBDC), the firm’s flagship publicly traded business development company (BDC), to around 1.5 million shares as of 31 March. This compares with approximately 3.2 million shares...
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