$BTC
PRIVATE CREDIT CRACKING? 💥
$2T AI DEBT MACHINE UNDER PRESSURE ⚠️
The $2 trillion private credit market may be facing its first real stress test — and the AI boom is right at the center of it 🤖💰
Blue Owl (~$273B AUM) sits behind major AI data center financing deals:
• $27B JV with Meta
• $15B with Crusoe
• $5B backing CoreWeave
Instead of issuing public bonds, these companies tapped private credit — structured loans funded by pensions and insurers chasing yield 📊
Now the pressure is building.
Blue Owl’s $14B non-traded private credit fund has restricted withdrawals 🚨
That’s often where liquidity fears begin.
Meanwhile:
📉 $OWL
stock ~ -55% over the past year
🏗️ Oracle stacking $100B+ in debt to finance AI infrastructure
⏳ Monetization may take years
This structure only works if AI cash flows ramp fast.
If revenue disappoints, the stress won’t stop at tech equities — it spills into credit.
And credit contagion moves differently. 🧨
If AI growth stalls…
Who absorbs the losses?
🏦 Pensions?
🛡️ Ins