Dow Jones Top Financial Services Headlines at 11 AM ET: Blue Owl Investors Seek to Pull $5.4 Billion From Two Private-Credit Funds | KKR ...

Blue Owl Investors Seek to Pull $5.4 Billion From Two Private-Credit Funds

Fund manager reverses course and limits redemptions to 5% as outflows accelerate, shares fall.

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KKR Closes Record $23 Billion North America Private-Equity Fund, Its Largest Ever

The closing comes even as private equity endures its worst fundraising environment in nearly a decade.

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U.K. Digital Bank Monzo to Exit U.S.

The digital bank is closing down its operations in the U.S. in order to focus on growing its business in the U.K. and across Europe.

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Financial Services Roundup: Market Talk

Find insight on Visa, Oversea-Chinese Banking Corp. and more in the latest Market Talks covering financial services.

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He Brought Private Credit to the Masses. Now the Masses Are Fleeing.

Stephen Nesbitt's Cliffwater is racing to calm investors after steep withdrawals.

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This Crypto Stock Drops 25% in U.S. Trading Debut. Can It Break the SPAC Curse?

CoinShares, the crypto asset manager, goes public in the U.S. through a merger with a special-purpose acquisition company.

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Franklin Templeton Agrees to Buy Crypto Spinoff in Digital-Asset Expansion

The money manager's crypto investment unit will offer strategies designed to appeal to institutional investors.

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The Soap Opera at Hedge Fund Two Sigma Has a New Plot Twist

Co-founders John Overdeck and David Siegel stepped down as co-CEOs in 2024. They're still fighting over their successors.

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Bank of Canada Faces Dilemma in Response to War-Fueled Energy-Price Surge, Minutes Say

Senior Bank of Canada officials said they face difficult decisions in the coming months about supporting a sputtering economy while keeping inflation low and stable amid a surge in energy prices.

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Ares Management Raises Nearly $10 Billion for Opportunistic Private-Credit Strategy

The firm targets credit and equity deals that provide liquidity to stressed and healthy companies.

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Blue Owl Capital Closes New Asset-Backed Fund With $2.9 Billion in Total Commitments

The Asset Special Opportunities Fund IX exceeded an original target of $2.5 billion, suggesting that there remains an appetite from some investors to continue putting money into private credit.

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European Banks Approach End of Three-Year Bull Run

The Stoxx 600 Europe Banks index was down around 7% for the year, threatening to turn the tide on a three-year run.

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Private Credit Is Reeling, But New Rule May Allow It Into 401(k)s

The Labor Department intends to help employers avoid lawsuits stemming from the alternative investments they offer employees in retirement plans.


(END) Dow Jones Newswires

April 02, 2026 11:15 ET (15:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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