Marc Lipschultz, Co-CEO of Blue Owl Capital, discusses the growth of private credit, banking regulation, and what sectors are driving demand for alternative financing. He speaks with Bloomberg's Alix Steel and Paul Sweeney from the Bloomberg Invest conference in New York City.
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Alix Steel, Paul Sweeney. We are live here at the Bloomberg Invest 2025 Conference down here at Brookfield Place, formerly known as World Financial Center. I used to hang a shingle down here, Merrill Lynch back in the day. So good memories here.
I tell you, if I were to come back on the street, Alex, again. Yeah, I'm telling you, private credit might be the place I go. I mean, I went to the Chase Manhattan Bank credit trading program. The best on the street. I could go run circles around these guys. I should have done that.
Marc Lipschultz joins us, Co-CEO of Blue Owl Capital, speaking here at our conference here today. We appreciate getting a few minutes of your time, Marc. Talk to us about Blue Owl, how you guys fit into the private credit business, because Alex is just amazed at the funds that are flowing into that market.
Well, first I have to find out how to recruit you to join. For the best of the best, Blue Owl, it's all about the people, it is. And I also want to say it's great to be back down here. My first apartment in New York when I moved here in 1991 to work at Goldman Sachs, when it was at 85 Broad Street, right down the street.
Me too. That's where Salomon Brothers put us up back in the day. So I could say I lived down here on a water view and all that kind of stuff. Lovely. So, private credit. You guys are just a part of it. Just an amazing asset class.
Well, we've been very fortunate to be part of an asset class. And, you know, we play our role in helping build it. But look, private credit, to set the stage right, is about taking long-term capital from investors. And we've tried to broaden the range of people that have access to it and to be able to provide that capital to corporate users to support their growth with a view to the long term and to be here on a day when, you know, the public market is so volatile, you know, in some ways is very much a reminder of why private credit works for investors, but also why it's important because, look, we're all doing business today. We're making loans today just like we were yesterday, just like we will tomorrow. You know, red screen, green screen, prefer green.
Yeah, I should disclose that to my money manager. I do own shares in Blue Owl. Private credit, I do have some of that. I feel like I need to say that. Thank you, but not through me, to my money guy. So help me understand the competitive landscape though, because it feels like banks now want to get a slice of the private credit market that they had to give up. And now we're seeing some partnerships with private credit shops. How do you look at it?
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Lipschultz, M. (2025, March 5). How to Invest in Private Credit: Blue Owl Co-CEO Marc Lipschultz [Interview transcript]. Bloomberg Podcasts. CEOInterviews.AI. https://ceointerviews.ai/interview/3023135/
MLA
Marc Lipschultz. "How to Invest in Private Credit: Blue Owl Co-CEO Marc Lipschultz." Bloomberg Podcasts, 5 Mar. 2025. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/3023135/.
BibTeX
@misc{lipschultz2025_3023135,
author = {Marc Lipschultz},
title = {How to Invest in Private Credit: Blue Owl Co-CEO Marc Lipschultz},
howpublished = {Interview transcript, Bloomberg Podcasts. CEOInterviews.AI},
year = {2025},
month = {mar},
url = {https://ceointerviews.ai/interview/3023135/},
note = {Speaker-attributed transcript with timestamps}
}
