Blue Owl BDCs Buy Back $90 Million of Shares to Support Value

Blue Owl Capital Inc.'s two business development companies (BDCs) repurchased $90 million in combined shares, continuing a pattern of buybacks from the previous quarter. This strategic move aims to stabilize and support the funds' valuations during a period of sector volatility. The repurchases reflect management's effort to maintain shareholder value amid challenging market conditions in the private credit space.