Blue Owl Says $10 Billion Private Credit Loan Within Reach
- “We’ve definitely moved closer to that horizon,” co-CEO says
- Biggest deal so far is $5.3 billion transaction for Finastra
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A top executive at Blue Owl Capital Inc. is looking to the next big milestone in a fast-growing corner of finance: a $10 billion private credit loan.
While reaching that target could still take a few years, big-ticket direct lending is headed in that direction, the firm’s co-chief executive officer, Marc Lipschultz, said in an interview on Thursday. His remarks come after Blue Owl helped lead a recent record-setting loan package of more than $5 billion for a single deal, a sum that was hard to imagine just a few years ago.