Blue Owl Scrutiny to Ramp Up With Shares Near ‘Doomsday’ Levels

Blue Owl Capital Inc., whose battered stock has served as a proxy for concerns over the health of the $1.8 trillion private credit industry, will face fresh scrutiny from investors and Wall Street analysts with the release of its first-quarter earnings.

Shares of the alternative-asset manager have slumped some 40% year to date and recently touched an all-time low after the firm said it will limit redemptions from two of its private credit funds following a surge in withdrawal requests. While worries over rising risks have hit the industry as a whole, Blue Owl has stood out as a target because of its elevated exposure to software companies that could be upended by artificial intelligence.