Private credit default fears spook BDC investors

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTDamilola EsebameSat, June 27, 2026 at 12:17 AM GMT+2 5 min readBusiness development company (BDC) portfolios have likely taken a hit this year, with sector pressures showing few signs of easing.High-profile collapses, including Wheel Pros' bankruptcy and the unwinding of United Site Services, have exposed embedded losses across the private credit landscape. Blue Owl Capital deepened the panic in the first quarter, when investors in its technology-focused vehicles sought to withdraw 40.7% of the outstanding shares, Bloomberg reported.The S&P BDC Index has trailed the broader stock market by nearly 15 percentage points year to date, data tracked by MarketMinute showed.