OWL Jan 2024 30.000 call
| Previous Close | 0.1000 |
| Open | 0.1000 |
| Bid | 0.0000 |
| Ask | 0.4500 |
| Strike | 30.00 |
| Expire Date | 2024-01-19 |
| Day's Range | 0.1000 - 0.1000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 32 |
PR NewswireAMERGIN ASSET MANAGEMENT ANNOUNCES ACQUISITION OF MORE THAN 6,000 RAILCARS FROM PNC BANK
Amergin Asset Management (AAM) today announced that Amergin Rail, a portfolio company of certain funds managed by AAM, has acquired PNC Bank's operating railcar portfolio. The purchase included more than 6,000 railcars under management, which are under lease to a variety of companies across the US. PNC will continue to provide traditional financing products and services to the rail and transportation industry.
The Wall Street JournalInvestors Keep Putting Money Into Private Credit
Key flows of money into private-investment vehicles seem to be stabilizing, boosting shares of managers.
- Yahoo Finance Video
Why volatility is pushing investors to private lenders
Private markets have grown exponentially over the last decade. With so much volatility in the banking industry, investors have turned to private lending firms. Blue Owl Capital Co-CEO Marc Lipschultz (OWL) sits down with Yahoo Finance to explain the recent trend in investment management. When asked about motivation behind the change Lipschultz explained “the banks in the U.S., regional banks included,...made largely a decision not to really be lenders to these companies.... what might be considered sort of smaller companies." When pressed with concerns over the private market, Lipschultz revealed numbers from Blue Owl Capital to alleviate those concerns. “We have lent $75 billion since inception, and you know what our loss rate has been? Annualized at six basis points. In our software business, which is our biggest area, our specialty, we've never had a loss in one of those loans" Lipschultz says.
