
Business Globe: Shell reports profit growth from oil due to the war in Iran; Moody's lowers Blue Owl fund outlook to 'negative'
Shell reports profit growth from oil due to the war in Iran; Moody's lowers Blue Owl fund outlook to 'negative'
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Shell reports profit growth from oil due to the war in Iran; Moody's lowers Blue Owl fund outlook to 'negative'
A Blue Owl fund is advising its investors to reject tender offers made by Cox and Saba, indicating a strategic move in corporate finance.

Plus, Saba’s offer for Blue Owl funds, European inflows soar and Seurat at the Courtauld
Moody's has revised its outlook for Blue Owl funds to negative, citing elevated redemptions observed in the first quarter.
A discussion on the need for greater transparency from private-markets firms has emerged, with a Blue Owl fund being cited as an example that raises questions about potential mismanagement or systemic industry issues.

Hedge fund Saba has launched an offer to purchase stakes in Blue Owl funds at a significant discount, as Blue Owl seeks to restore investor confidence.

Private credit firm Blue Owl Capital is grappling with record redemption requests, with investors seeking to pull $5.4 billion from two private-credit funds, driven by deepening private credit and software fears, leading the firm to impose withdrawal limits as investors who fueled its growth now seek to exit.

Saba Capital and Cox Capital say their tender offer for Blue Owl fund shares offer a "liquidity solution" for retail investors.

Blue Owl has been unsuccessful in securing third-party funding for its ambitious $4 billion data center project, with potential investors passing on the opportunity.