Hedge fund Saba offers to buy stakes in Blue Owl funds at steep discount(ft.com)
ft.com
Hedge fund Saba offers to buy stakes in Blue Owl funds at steep discount
https://www.ft.com/content/b43ab192-01ee-40ca-9580-c701f6f4ee77
1 comments
Seems like this is going to add napalm to the incipient fire, because now investors know they are deep deep into the red. Before it was all theoretical. Just like when Bear Sterns tried to bail out its hedge funds and then got sold to JP Morgan at fire sale price.