Blue Owl says software exposure 8% of total assets under management
Reuters
Feb 05
Blue Owl says software exposure 8% of total assets under management
Feb 5 (Reuters) - Blue Owl's OWL.N total exposure to the software sector accounts for 8% of its assets under management, the alternative asset manager disclosed on a post-earnings conference call on Thursday.
The company's stock, which was last down 6%, has been hit this week as investors fret over the industry's exposure to the software sector, where they have extended loans through private credit.
(Reporting by Manya Saini in Bengaluru; Editing by Krishna Chandra Eluri)
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