CEOs remove pledged shares as collateral amid stock rout, WSJ reports

Blue Owl Capital

17/04/2026 21:59

Corrects third bullet to say Ostrover and Lipschultz had pledged around 43 million and 33 million shares, respectively, not more than 130 million shares each

April 17 (Reuters) - Blue Owl Capital OWL.N co-CEOs Doug Ostrover and Marc Lipschultz have revised the terms of personal loans by removing their company shares as collateral, the Wall Street Journal reported on Friday, citing people familiar with the matter.

The move comes as Blue Owl navigates one of its most turbulent stretches since going public, as credit concerns in recent months have drawn scrutiny to the private credit market.

Shares of Blue Owl are down 35% year-to-date, following redemption requests at its private credit funds.

According to a February filing, Ostrover and Lipschultz had pledged around 43 million and 33 million shares each, respectively.

By removing their shares as loan collateral, the co-CEOs reduce the risk of margin calls, helping to alleviate potential downward pressure on the stock.

Earlier this month, the firm limited withdrawals from two of its funds after a historic level of redemption requests came in for ‌the first quarter.

The firm first made headlines this year after it sold $1.4 billion in assets from three of its credit funds to return capital to investors and pay down debt, and permanently halted redemptions at one of the funds.

 (Reporting by Pragyan Kalita in Bengaluru; Editing by Vijay Kishore)

 ((Pragyan.Kalita@thomsonreuters.com;))