Reuters reported that Blue Owl Capital is considering reviving a plan to merge two of its private credit funds if the share price of the larger fund improves, as the company evaluates its options after facing investor backlash against the move last week, according to two people familiar with the matter.
According to the Reuters report, Blue Owl was forced to abandon a move to combine its publicly-traded OBDC fund and Blue Owl Capital Corporation II on November 19th after a plan to merge the two funds, freezing withdrawals from the smaller fund and offering its holders the price of the larger fund, rattled investors.
Read the full exclusive Reuters report here.