Blue Owl Weighing European Expansion Shows Direct Lending Surge

Private credit firm Blue Owl Capital Inc. is weighing an entry into European direct lending that may include building a team or buying an existing fund manager, according to people with knowledge of the matter, a further sign of the asset class’s growth prospects in the region.

The alternative asset manager is one of the largest private lenders in North America and has held informal talks about the possible expansion, said the three people, who weren’t authorized to speak publicly as the deliberations are private.