Blue Owl Capital, a private credit sector company, reported a profit beat due to higher fee-related earnings and a 15% increase in assets under management to $315.9 billion. The company raised $11 billion in new capital commitments in Q1, with around 40% of its funds raised from retail investors. Despite this, alternative asset managers' shares have seen significant decline over the past year. The firm's Co-CEOs, Doug Ostrover and Marc Lipschultz, believe that the current market landscape favours firms with patient capital and longer duration. The sector has been dealing with concerns that AI could disrupt the software companies it lends to.