The private credit boom is facing a new test after Blue Owl Capital permanently restricted withdrawals from one of its retail-focused debt funds. Shares in Blue Owl Capital fell nearly 6% on Thursday after the private market and alternative assets manager sold $1.4 billion of loan assets held in three of its private debt funds . The biggest portion of the sale came from a semi-liquid private credit fund marketed to U.S. retail investors called the Blue Owl Capital Corporation II, which will