Blue Owl Stock Climbs About 5% After Earnings and Fundraising Update
Blue Owl Capital shares rose about 5% after the firm reported $10.2 billion in third-quarter fundraising and steady growth in fee-related earnings.
By Matt WirzBlue Owl Capital's stock is taking flight this morning, rising about 5% after the private-credit fund manager reported a surge in fundraising from institutional investors and steady growth in fee-related earnings.The firm reported $10.2 billion of fundraising in the third quarter, a 34…