Private Credit Funds Are Finding Fewer Deals to Deploy Capital
Blue Owl Capital Corp. deployed $1.1 billion to new deals in the quarter, a roughly 67% drop compared to a year prior, according to regulatory filings for the business development company. Blackstone Secured Lending Fund deployed 51% less in the second quarter compared to last year. Ares Capital Corp. 's origination volumes dropped 33% year-over-year.
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