Finance

Blue Owl tipped UK lender into insolvency after discrepancy concerns, FT reports

Published by Global Banking & Finance Review

Posted on March 17, 2026

1 min read

· Last updated: April 1, 2026

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Blue Owl tipped UK lender into insolvency after discrepancy concerns, FT reports
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March 17 (Reuters) - U.S. private credit firm Blue Owl pushed London-based mortgage lender Century Capital into administration after discovering the UK group had dismissed a director over financial

Blue Owl Drives UK Lender Century Capital Into Insolvency Amid Financial Concerns

Blue Owl's Actions Lead to Century Capital's Administration

Background of the Incident

March 17 (Reuters) - U.S. private credit firm Blue Owl pushed London-based mortgage lender Century Capital into administration after discovering the UK group had dismissed a director over financial discrepancies, the Financial Times reported on Tuesday.

Verification and Reporting

Reuters could not immediately verify the report.

Editorial Credits

(Reporting by Abu Sultan in Bengaluru; Editing by Sumana Nandy)

Key Takeaways

  • Blue Owl’s exposure to Century Capital, a UK bridging lender in high-end London property, was around £36 million ($48 million), raising investor concern over private‑credit risks and liquidity in the sector (whbl.com)
  • Century Capital entered administration carrying approximately £95 million of total debt, but administrators (RSM UK) expect full recovery and no creditors have accused the group of fraud (trustfinance.com)
  • This event added pressure to Blue Owl’s stock, compounding prior liquidity issues leading to a $1.4 billion asset sale and permanent redemption restrictions in one of its funds (whbl.com)

References

Frequently Asked Questions

Why was Century Capital pushed into insolvency?
Blue Owl pushed Century Capital into insolvency after discovering the dismissal of a director over financial discrepancies.
Who is Blue Owl?
Blue Owl is a U.S. private credit firm involved in the administration proceedings of UK lender Century Capital.
What financial discrepancies were found at Century Capital?
The Financial Times reported that Century Capital dismissed a director over concerns with financial discrepancies.
Is the Financial Times report independently verified?
Reuters was unable to immediately verify the Financial Times report.

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