Blue Owl Capital (OWL) triggered the recent collapse of Century Capital Partners after discovering irregularities in its financial reporting and demanding repayment, Laith Al-Khalaf and Robert Smith of The Financial Times reports. Blue Owl tipped Century Capital Partners into administration after discovering the company dismissed a director over financial discrepancies, the Times reports, citing people familiar with the matter and documents reviewed.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OWL:
- Blue Owl Capital price target lowered to $23 from $26 at Citizens
- OWL vs. BLK vs. BX: Private Investment Stocks Have a Software Problem Thanks to AI
- Blue Owl Capital Corporation II urges holders to reject offer from Cox, Saba
- Morgan Stanley Stock (MS) Falls as Private Credit Contagion Spreads Across Wall Street
- Morgan Stanley, Cliffwater cap private credit fund withdrawals, Bloomberg says