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Private Markets Elite Gather in Berlin Amid Not-So-Super Returns

Private market dealmakers attending SuperReturn in Berlin this week are likely to be handed a short but sharp to-do list by their investors: give us our money back.

Blue Owl signage outside the Seagram Building at 375 Park Avenue in New York, US, on Wednesday, April 8, 2026. The outlook on the flagship fund of private credit giant Blue Owl Capital Inc. was cut to negative by Moody's Ratings, the latest sign of mounting strains in an industry stung by investors rushing to pull their money from funds aimed at retail buyers.
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