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Ares, Blue Owl post solid results…default rate hits record 6.0%

Reuters ·

ARES Ares Management Corp
$115.75 -1.69%
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OWL OWL +0.44%ARCC ARCC -1.02%
  1. 1Ares Capital (ARCC) and Blue Owl Capital (OWL) reported solid second-quarter results
  2. 2Ares Management (ARES) raised $36 billion in Q2, with Fitch default rate hitting a record 6.0%
  3. 3Institutional demand continued, but retail redemption requests far exceeded the normal quarterly limit

Source Reuters · View original ↗

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