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Founders Race to Save Private-Credit Giant

The Wall Street Journal

|

March 02, 2026

Doug Ostrover and Marc Lipschultz seemed to have private credit figured out.

- By Gregory Zuckerman, Matt Wirz and Peter Rudegeair

The executives joined forces to launch fund manager Blue Owl Capital, turning it into a powerhouse in the booming business of lending to private companies without the use of banks.

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