Private markets are courting retail investors—but Blue Owl's CEO warns the road ahead may be rocky
1. Blue Owl's CEO warns of slow retail investor traction. 2. Investment in private markets has shifted towards retail investors recently. 3. Costs for gaining retail investor traction have been significant. 4. Ostrover believes Blue Owl is currently second in the wealth channel. 5. Access to financial advisors is crucial for selling funds to wealthy investors.