Private Credit Investors Reject 26% Discount Exit Offers, Choosing to Stay Locked In — BigGo Finance
Cox Capital Partners offered investors a 26% discount to exit five non-traded BDCs managed by HPS, Apollo (APO), Ares (ARES), and Blue Owl (OWL). Only $5M of the $90M offer was accepted, indicating investor preference to avoid immediate losses. Publicly traded BDCs have risen 6% since the offer, per the S&P BDC Index.



