Boaz Weinstein Warns ‘Wheels Coming Off’ Private Credit Funds
Key Points:
- Activist investor Boaz Weinstein has issued heightened warnings about the private credit sector, highlighting turmoil in Blue Owl Capital’s funds as a sign of broader industry issues.
- Weinstein described the situation as the beginning of a larger crisis, likening it to a snowball starting to roll downhill.
- He emphasized that Blue Owl Capital is central to these emerging problems within the $1.8 trillion private credit market.
- Speaking at the iConnections Global Alts conference in Miami Beach, Weinstein suggested the industry is in the very early stages of significant distress.