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Blue Owl Capital Inc. (NYSE: OWL) is a leading global alternative asset manager that specializes in deploying private capital across three key platforms: Credit, GP Strategic Capital, and Real Estate. As of December 31, 2023, Blue Owl manages over $165 billion in assets, showcasing a robust growth trajectory. Anchored by a solid permanent capital base, the firm offers tailored capital solutions to businesses driving long-term growth.
Blue Owl operates through two principal entities: Blue Owl Capital Holdings LP and Blue Owl Capital Carry LP. The firm caters to a diverse investor base, including institutional investors such as public and private pension funds, endowments, foundations, family offices, private banks, high-net-worth individuals, asset managers, and insurance companies. Its operations are predominantly based in the United States, generating substantial revenue from these activities.
The company's seasoned management team, with over 25 years of experience in alternative investments, leads a workforce of more than 685 professionals across 10 global offices. This expertise is reflected in Blue Owl's strategic acquisitions and partnerships, such as the recent acquisition of Prima Capital Advisors for $170 million, expanding its Real Estate Finance strategy. Furthermore, the addition of industry veteran Jesse Hom as Chief Investment Officer for Blue Owl's Real Estate platform underscores the firm's commitment to exceptional leadership and strategic growth.
Blue Owl's innovative approach is evident in its GP Strategic Capital platform, which recently partnered with Lunate Capital to provide minority equity and financing solutions to private capital managers. This initiative supports the ongoing growth of Linden Capital Partners' healthcare investment platform, further diversifying Blue Owl's portfolio.
The firm continuously seeks to enhance its offerings, as demonstrated by the recent issuance of $750 million of 6.250% Senior Notes due 2034 to fund strategic acquisitions and growth initiatives. This financial strategy underscores Blue Owl’s commitment to maintaining a strong capital base while pursuing sustainable growth.
In summary, Blue Owl Capital Inc. stands out as a premier asset manager, offering innovative capital solutions and delivering strong, risk-adjusted returns to its institutional and individual investors. With its global presence, seasoned leadership, and diversified investment strategies, Blue Owl is well-positioned to continue redefining alternative asset management.
For more information, visit www.blueowl.com.
Blue Owl Capital Inc. (NYSE: OWL) has announced it will release its financial results for the first quarter ended March 31, 2023, on May 4, 2023, prior to market open. A conference call will be held at 8:30 a.m. Eastern Time the same day to discuss the results. Interested parties can access the call via a live webcast on Blue Owl's website or by dialing in. As of December 31, 2022, Blue Owl manages $138.2 billion in assets and focuses on Direct Lending, GP Capital Solutions, and Real Estate strategies. The company has a strong permanent capital base and leverages its experienced management team, which has over 30 years of experience in alternative investments.
Blue Owl Capital (NYSE:OWL) announced the launch of its new Strategic Equity Strategy, appointing Chris Crampton as Managing Director. Crampton, with nearly two decades of experience in private markets from Goldman Sachs, will lead this initiative focusing on single-asset GP-led secondary transactions. The strategy aims to leverage Blue Owl's existing direct lending and GP capital solutions, targeting institutional and private wealth investors. CEO Doug Ostrover emphasized the strategic benefits of this new offering, positioning Blue Owl as a solutions leader in alternative asset management. As of December 31, 2022, Blue Owl managed $138.2 billion in assets and employs over 545 professionals globally.
Owl Rock Capital Corporation (NYSE: ORCC) will release its financial results for Q1 2023 on May 10, 2023, after market close. A conference call is scheduled for May 11, 2023, at 10:30 a.m. ET to discuss these results. As of December 31, 2022, ORCC had investments in 184 companies, with an aggregate fair value of $13.0 billion, and is externally managed by Owl Rock Capital Advisors LLC, part of Blue Owl Capital (NYSE: OWL), which manages approximately $68.6 billion in assets.
Investors should note that forward-looking statements contained in the announcement carry risks and uncertainties that may affect actual results. For further details, interested parties can join the live webcast on ORCC's website.
On September 13, 2022, KBRA assigned a BBB rating to Owl Rock Technology Income Corp. (ORTIC), with a Stable Outlook. Key strengths include strong ties to a $68.6 billion direct lending platform and a diversified $2.0 billion investment portfolio focused on technology financing. As of December 31, 2022, 84.5% of debt was traditional financing. The company has appropriate gross leverage of 1.04x and solid asset coverage of 195.9%. Despite no non-accruals, risks include illiquid investments and a relatively unseasoned portfolio. ORTIC plans to diversify funding by issuing unsecured senior debt, with $1.75 billion in committed facilities available.
KBRA has assigned a BBB rating to Owl Rock Technology Finance Corporation II (ORTF II), indicating a stable outlook. ORTF II benefits from its affiliation with the $68.6 billion Blue Owl direct lending platform and has a diversified $2.5 billion investment portfolio focusing on technology companies. As of December 31, 2022, traditional financing constitutes 76.8% of its portfolio. The company has an adequate gross leverage of 1.02x, providing a 30.5% asset coverage cushion. ORTF II plans to enhance its funding by issuing unsecured senior debt. However, potential risks include illiquid investments and an unseasoned investment portfolio.
Owl Rock Capital Corporation (NYSE: ORCC) reported strong financial results for the full year and fourth quarter ending December 31, 2022. The fourth quarter net investment income (NII) was $0.41 per share, surpassing the dividend of $0.33 per share, leading to a total dividend of $0.37 per share. The net asset value (NAV) per share increased to $14.99. New investment commitments for 2022 were $1.77 billion, a significant decrease from $6.82 billion in 2021. Investment income rose to $1.2 billion for the year, primarily due to higher portfolio yields. Total expenses also increased to $639.5 million, driven by higher interest expenses.
On February 13, 2023, Blue Owl Capital Inc. (NYSE:OWL) released its financial results for Q4 2022, highlighting significant growth amid market volatility. The firm reported $138.2 billion in assets under management as of December 31, 2022. Blue Owl declared a quarterly dividend of $0.13 per Class A Share, payable on March 6, 2023. CEO Doug Ostrover emphasized the company’s stability through challenging economic conditions and ongoing demand for its products, focusing on income generation and principal preservation. The investor call is scheduled for the same day as the announcement to discuss detailed results.
Blue Owl Capital Inc. (NYSE: OWL) announced that CEO Doug Ostrover will present at the Bank of America Financial Services Conference on February 16, 2023, at 10:30 am ET. A live webcast will be available on their website for investors, with a replay accessible afterward. As of September 30, 2022, Blue Owl manages $132.1 billion in assets, focusing on Direct Lending, GP Capital Solutions, and Real Estate strategies. The firm emphasizes its consultative approach to capitalize on growth opportunities. For more information, visit www.blueowl.com.
Blue Owl Capital Inc. (NYSE: OWL) will announce its financial results for the fourth quarter and full year ended December 31, 2022, on February 13, 2023, before the market opens. A webcast and conference call will follow at 8:30 a.m. ET to discuss these results, and interested parties can access this through Blue Owl's website.
As of September 30, 2022, Blue Owl managed $132.1 billion in assets. The firm is known for its Direct Lending, GP Capital Solutions, and Real Estate strategies. Forward-looking statements in the release caution about uncertainties affecting future results.
Blue Owl Capital (NYSE: OWL) has announced a partnership with iCapital and Allfunds to expand its private wealth distribution channel. This collaboration enables eligible clients of Allfunds to access Blue Owl's software direct lending strategy through a feeder fund solution powered by iCapital. The strategy aims to generate attractive current income and capital appreciation by investing in established software and technology businesses in the U.S. Blue Owl's direct lending division has deployed over $26 billion across investments and currently manages $132.1 billion in assets as of September 30, 2022.