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Larry Swedroe 2/20/2026

Blue Owl, OBDC II, and the Private Credit Panic That Wasn’t

By Larry Swedroe • 1 min read
Economics

In a February 20, 2026 research note, Cliffwater LLC—a leading investment advisory firm specializing in alternative assets—directly challenged how the financial press has covered recent turbulence at Blue Owl Capital and its non-traded Business Development Company (BDC), Blue Owl Capital Corporation.

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