Craig Packer

Craig Packer, Co-president of Blue Owl and CEO of its BDCs, discusses the company's abrupt decision to cancel the merger of its private-credit funds due to investor concerns. He addresses the pressing issues of credit quality and liquidity, asserting the stability of their direct-lending standards. The conversation also touches on Nvidia's upcoming earnings report amidst AI market speculation and Target's disappointing revenue, with insights on retail sector performance from Lowe's and TJX.

Craig Packer, co-president of Blue Owl and a pioneer in the private credit market, shares insights on the rapid growth of private credit and its potential to dominate leveraged finance. He tackles tough questions about market valuation discrepancies, the surge in Payment-in-Kind loans, and strategies for handling economic downturns. Packer believes that despite challenges, private credit will thrive as larger firms adapt to market shifts, creating opportunities amidst the evolving landscape of finance.

Craig Packer, Co-President of Blue Owl Capital, delves into the booming private credit market, revealing how his firm achieves impressive equity-like returns with less volatility through senior secured loans. He discusses the stark contrast between U.S. and Australian private credit landscapes and addresses potential concerns about a private debt bubble. Also highlighted are Blue Owl's disciplined underwriting practices and its philanthropic efforts. With a focus on transparency and governance, Craig offers insights into the future of private lending.