Blue Owl Fund Investors Reject Boaz Weinstein's Share Purchase Offer
Investors in Blue Owl Capital Inc.'s fund rejected an offer from Boaz Weinstein's Saba Capital Management and Cox Capital Partners to buy shares at a steep discount, with less than 1% of shares tendered. The low uptake indicates investor confidence in holding shares despite challenges in the private credit sector. The tender offer expired without extension.
Tickers: $OWL
Topics: Blue Owl Capital Cox Capital Partners private credit Saba Capital Management tender offer