U.S. private credit giant Blue Owl Capital announced the sale of approximately $1.4 billion in loan assets
According to CoinDesk, American private credit giant Blue Owl Capital announced the sale of approximately $1.4 billion in loan assets to meet redemption demands from investors in its retail-focused private credit fund.The fund will return about 30% of its net asset value (NAV) to qualified investors, with the asset sale price equivalent to 99.7% of face value. As a result, Blue Owl's stock (OWL) fell nearly 15% this week, with a cumulative decline of over 50% compared to the same period last year; shares of other private equity firms such as Blackstone, Apollo Global, and Ares Management also saw significant declines.Experts liken this to the "canary in the coal mine" signal before the 2007 financial crisis, warning that excessive expansion in the private credit market (especially related to AI investments) could trigger systemic risks, credit tightening, and banking contagion.If pressure intensifies, forcing central banks to cut interest rates and inject liquidity, it could recreate the post-pandemic scenario of 2020, providing momentum for Bitcoin and the crypto market, and driving the next bull market.