Saba Capital finds little appetite for tender offer of shares in Blue Owl, Starwood private credit funds

Blue Owl signage outside the Seagram Building at 375 Park Avenue in New York, US, on Thursday, March 12, 2026. Michael Nagle | Bloomberg | Getty Images Saba Capital Management said that the tender offers for shares in non-traded business development companies managed by Blue Owl Capital and Starwood Capital came in "below initial expectations." In early March, the hedge fund Saba offered liquidity to locked-up investors in Blue Owl Capital Corporation II (OBDC II), a non-traded private-credit …