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The private credit firm managing $315 billion joins ADGM alongside Bain Capital, BlackRock and others. The move comes amid rising defaults in the sector.
SemaforBlue Owl Capital is opening a regional headquarters in Abu Dhabi, according to Semafor. The announcement was published on June 11, 2026. The firm manages $315 billion in assets and is joining ADGM, the city’s financial hub.
ADGM already includes Bain Capital, Barings, BlackRock, Man Group, and Vista Equity Partners. Those firms have been drawn by proximity to sovereign wealth funds such as ADIA and Mubadala, a growing number of family offices, and the region’s expanding appetite for private credit.
Gulf sovereign funds quadrupled their private credit exposure between 2021 and 2025, reaching roughly $80 billion, with Mubadala the most committed.
Defaults are rising and redemption requests have spiked in the private credit asset class, Semafor reported, with developments at Blue Owl among the indications of potential cracks in the ecosystem.
joemygod.comThe prediction market platform directed creators to film fabricated wins on replica sites. A Wall Street Journal review found the depicted trades would have lost money in 118 cases totaling $166,000.
Claude Guillemot, 69, died Friday when the Cessna 421 he was piloting crashed near La Baule-Escoublac Airport in western France. A flight instructor on board was also killed.
New York PostA Los Angeles County report estimates the $111 billion Paramount-Warner Bros. Discovery merger could eliminate 2,500 local jobs and 6,000 positions worldwide. The combined company carries an $82 billion debt load and plans $6 billion in savings through consolidation.