Private Credit Run: When the Sharks Show Up, Swim for Shore

Boaz Weinstein doesn’t do charity work. The founder of Saba Capital has spent his career making money off other people’s disasters. He famously profited from JPMorgan’s “London Whale” trade in 2012, one of the most celebrated contrarian bets in modern finance. So when Weinstein quietly approached investors in Blue Owl Capital’s private credit funds in []