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Blue Owl Capital Sets Off New Fears About the Private Credit Industry

The lender’s announcement that investors would no longer be able to ask for a set amount of money back from its funds prompted worries about the private credit industry.

© Bing Guan/Bloomberg

Blue Owl Capital, the large private lender, has amassed nearly $300 billion in investor money.
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Goldman Sachs to Drop D.E.I. Criteria for Board Members

The move would be the Wall Street firm’s latest retreat from diversity mandates that its chief executive, David Solomon, had once made a priority.

© Tyrone Siu/Reuters

David Solomon, the chief executive of Goldman Sachs, had championed an effort to expand the bank’s traditionally white, male-dominated work force.
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