Talking Markets Podcast Series (Private Credit) with Marc Lipschultz (Blue Owl Capital)

Blue Owl's Lipschultz says private credit returns (8-11%+) have outperformed 2026's negative narrative while AI valuations, not AI's transformative trajectory, carry real excess.

• Private credit outperformed the narrative: Direct lending returned over 8% and asset-backed/alternate credit over 11% for Blue Owl over the trailing 12 months despite a negative headline narrative.
• Real assets focus on triple-net lease: Blue Owl's fastest-growing area is corporate triple-net lease real estate (investment-grade tenants, tenant pays expenses) against over $10 trillion of corporate-owned critical infrastructure assets.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.