Blue Owl Capital Inc. Second Quarter 2024 Results
Blue Owl Capital Inc. (NYSE: OWL) reported strong financial results for Q2 2024, with management fee growth exceeding 20% year-over-year for every quarter since going public. The company achieved record levels of deployment, strong pipelines, and robust fundraising across various strategies and products. Blue Owl announced an agreement to acquire Atalaya Capital Management's business, expanding its capabilities in alternative credit and asset-based finance. The company declared a quarterly dividend of $0.18 per Class A Share, payable on August 30, 2024. Blue Owl's Co-CEOs, Doug Ostrover and Marc Lipschultz, expressed confidence in the company's positioning within major trends driving alternative asset management growth.
Blue Owl Capital Inc. (NYSE: OWL) ha riportato risultati finanziari solidi per il secondo trimestre del 2024, con una crescita delle commissioni di gestione superiore al 20% anno su anno per ogni trimestre da quando è diventata pubblica. L'azienda ha raggiunto livelli record di investimento, forti pipeline e raccolte fondi robuste in diverse strategie e prodotti. Blue Owl ha annunciato un accordo per acquisire il business di Atalaya Capital Management, espandendo le proprie capacità nel credito alternativo e nella finanza basata sugli asset. L'azienda ha dichiarato un dividendo trimestrale di 0,18 dollari per azione di Classe A, pagabile il 30 agosto 2024. I co-CEO di Blue Owl, Doug Ostrover e Marc Lipschultz, hanno espresso fiducia nella posizione dell'azienda all'interno delle principali tendenze che guidano la crescita nella gestione degli asset alternativi.
Blue Owl Capital Inc. (NYSE: OWL) reportó sólidos resultados financieros para el segundo trimestre de 2024, con un crecimiento de las comisiones de gestión que supera el 20% interanual en cada trimestre desde que se hizo pública. La compañía logró niveles récord de despliegue, fuertes flujos de trabajo y una robusta recaudación de fondos en diversas estrategias y productos. Blue Owl anunció un acuerdo para adquirir el negocio de Atalaya Capital Management, ampliando sus capacidades en crédito alternativo y financiamiento basado en activos. La empresa declaró un dividendo trimestral de $0.18 por acción Clase A, pagadero el 30 de agosto de 2024. Los co-CEOs de Blue Owl, Doug Ostrover y Marc Lipschultz, expresaron confianza en la posición de la empresa dentro de las principales tendencias que impulsan el crecimiento en la gestión de activos alternativos.
블루 아울 캐피털 Inc. (NYSE: OWL)는 2024년 2분기 강력한 재무 결과를 보고했으며, 운영 수수료가 매년 20% 이상 성장하여 상장 이후 매 분기 전년 대비 증가했습니다. 이 회사는 다양한 전략과 제품에서 기록적인 투자 수준, 강력한 파이프라인, 그리고 건전한 자금 조달을 달성했습니다. 블루 아울은 아탈라야 캐피탈 매니지먼트의 사업을 인수하는 계약을 발표하여 대체 신용 및 자산 기반 금융의 역량을 확장했습니다. 이 회사는 클래스 A 주식당 분기 배당금 0.18달러를 선언하였으며, 2024년 8월 30일에 지급될 예정입니다. 블루 아울의 공동 CEO인 더그 오스트로버와 마르크 립슐츠는 대체 자산 관리 성장의 주요 트렌드에 따른 회사의 위치에 대한 자신감을 표명했습니다.
Blue Owl Capital Inc. (NYSE: OWL) a annoncé de solides résultats financiers pour le deuxième trimestre 2024, avec une croissance des frais de gestion dépassant 20 % d'une année sur l'autre pour chaque trimestre depuis son introduction en bourse. L'entreprise a atteint des niveaux records de déploiement, des pipelines solides et une collecte de fonds robuste dans diverses stratégies et produits. Blue Owl a annoncé un accord pour acquérir l'activité d'Atalaya Capital Management, élargissant ainsi ses capacités en matière de crédit alternatif et de financement basé sur des actifs. L'entreprise a déclaré un dividende trimestriel de 0,18 USD par action de Classe A, payable le 30 août 2024. Les Co-CEOs de Blue Owl, Doug Ostrover et Marc Lipschultz, ont exprimé leur confiance dans le positionnement de l'entreprise au sein des principales tendances qui favorisent la croissance de la gestion des actifs alternatifs.
Blue Owl Capital Inc. (NYSE: OWL) hat starke finanzielle Ergebnisse für das 2. Quartal 2024 gemeldet, mit einem Wachstum der Verwaltungsgebühren von über 20 % im Vergleich zum Vorjahr in jedem Quartal seit dem Börsengang. Das Unternehmen erreichte Rekordniveaus bei der Bereitstellung, starke Pipeline und eine robuste Mittelbeschaffung in verschiedenen Strategien und Produkten. Blue Owl gab eine Vereinbarung zur Übernahme des Geschäfts von Atalaya Capital Management bekannt, wodurch die Fähigkeiten im Bereich alternative Kredite und vermögensbasierte Finanzierung ausgeweitet werden. Das Unternehmen erklärte eine vierteljährliche Dividende von 0,18 USD pro Aktie der Klasse A, zahlbar am 30. August 2024. Die Co-CEOs von Blue Owl, Doug Ostrover und Marc Lipschultz, äußerten Vertrauen in die Positionierung des Unternehmens innerhalb der großen Trends, die das Wachstum des Managements alternativer Vermögenswerte antreiben.
- Management fee growth exceeded 20% year-over-year for every quarter since going public
- Record levels of deployment achieved in Q2 2024
- Strong pipelines and robust fundraising across various strategies and products
- Agreement to acquire Atalaya Capital Management's business, expanding capabilities in alternative credit and asset-based finance
- None.
Insights
Blue Owl Capital's Q2 2024 results showcase a company on a strong growth trajectory, with management fee growth consistently exceeding
The company's recent agreement to acquire Atalaya Capital Management is a strategic move that could significantly enhance Blue Owl's market position. By expanding into alternative credit and asset-based finance, Blue Owl is tapping into a multi-trillion dollar market with substantial growth potential. This diversification could provide a buffer against market volatility and open up new revenue streams.
The declared quarterly dividend of
While the overall tone of the release is optimistic, investors should note the absence of concrete financial metrics such as AUM growth, revenue, or profit figures. This lack of specificity raises questions about the actual financial performance beyond the management fee growth highlight. As we move forward, it will be important to see how Blue Owl translates its strategic moves and market positioning into tangible financial results.
Blue Owl's Q2 2024 results highlight the company's strategic positioning within the alternative asset management space. The firm's consistent
The acquisition of Atalaya Capital Management is particularly noteworthy. This move into alternative credit and asset-based finance aligns with broader industry trends, as investors increasingly seek yield in non-traditional asset classes. By expanding its product offerings, Blue Owl is positioning itself to capture a larger share of investor allocations across various market cycles.
The company's mention of "record levels of deployment" and "robust fundraising" suggests a healthy deal pipeline and strong investor demand. However, without specific figures, it's difficult to quantify the scale of this success or compare it to industry peers.
Blue Owl's strategy of offering a wide array of solutions across alternative assets could prove advantageous as institutional investors continue to increase their allocations to alternatives. This diversification may help the firm weather potential market downturns better than more specialized competitors.
Looking ahead, investors should watch for how successfully Blue Owl integrates Atalaya and leverages its capabilities to drive growth. The true test will be whether the firm can maintain its impressive growth trajectory while scaling its operations and entering new markets.
"Blue Owl continues to demonstrate exceptionally strong and stable growth, with LTM management fee growth exceeding
Blue Owl issued its full detailed presentation of its second quarter ended June 30, 2024 results, which can be viewed through the Investor Resources section of Blue Owl's website at https://ir.blueowl.com/Investors/events-and-presentations.
Dividend
Blue Owl declared a quarterly dividend of
Quarterly Investor Call Details:
Blue Owl will host its second quarter 2024 investor call via public webcast on August 1, 2024 at 10:00 a.m. ET. To register, please visit the Investor Resources section of Blue Owl's website at https://ir.blueowl.com/overview.
The conference call may be accessed by dialing +1 (888) 330-2454 (
All callers will need to enter the Conference ID followed by the # sign and reference "Blue Owl Capital" once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected.
About Blue Owl
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.
With over
Together with over 820 experienced professionals, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.
Forward Looking Statements
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "would," "should," "future," "propose," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law.
These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.
Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl's shares on the New York Stock Exchange ("NYSE"); Blue Owl's ability to manage growth; Blue Owl's ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors.
Investor Contact
Ann Dai
Head of Investor Relations
blueowlir@blueowl.com
Media Contact
Nick Theccanat
Principal, Corporate Communications & Government Affairs
Nick.Theccanat@blueowl.com
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SOURCE Blue Owl Capital
FAQ
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