As Blue Owl’s Strains Worsened, Its Bankers Pitched a Long Shot

MarketsAs Blue Owl’s Strains Worsened, Its Bankers Pitched a Long ShotFacebookXLinkedInEmailLinkGiftExpandBlue Owl signage in New York.Photographer: Michael Nagle/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Davide Barbuscia and Olivia FishlowApril 22, 2026 at 11:30 AM UTCBookmarkSaveBlue Owl Capital, more than almost any other firm on Wall Street, needed a win.In just a matter of weeks, as private credit increasingly came under strain, it had become a lightning rod for investor scrutiny. Its shares had plunged nearly 50%. Clients were seeking to pull unprecedented sums from its funds. Activists and short sellers were starting to pile on.