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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.
On June 28, 2022, Wingspire Capital announced its agreement to acquire Liberty Commercial Finance. This acquisition will enhance Wingspire's equipment finance solutions, expanding its reach in the middle market. Liberty has a proven track record, having originated over $1.3 billion in equipment financing since 2017, and will contribute a strong origination platform. The deal is expected to close on June 30, 2022. The integration aims to create a premier financing platform, aligning the company cultures of both organizations.
Blue Owl Capital (NYSE: OWL) has priced a secondary offering of 10,698,180 shares of its Class A common stock at $11.50 per share, totaling approximately $123 million. The offering, led by NBSH Blue Investments II, LLC, is set to close around June 6, 2022, pending customary conditions. Blue Owl will not receive any proceeds from this sale. Additionally, there's an option for underwriters to purchase up to 1,604,727 extra shares. The offering follows a registration statement filed with the SEC. Blue Owl manages $102 billion in assets as of March 31, 2022.
On June 1, 2022, Blue Owl Capital (NYSE: OWL) announced a secondary public offering of 10,698,180 shares of its Class A common stock. The shares are being offered by NBSH Blue Investments II, LLC, and the underwriters have a 30-day option for an additional 1,604,727 shares. The offering proceeds will not benefit Blue Owl Capital as it does not receive funds from the sale. BofA Securities and Citigroup are the joint bookrunning managers for this offering. Investors are advised to review the accompanying registration statement and prospectus available on the SEC website.
On May 20, 2022, Blue Owl Capital hosted its Investor Day, outlining its strategic direction aimed at achieving long-term financial targets. Senior management detailed plans for growth across Direct Lending, GP Capital Solutions, and Real Estate strategies. As of March 31, 2022, Blue Owl manages $102.0 billion in assets and focuses on providing private capital solutions. The event included a Q&A session, with material available for replay on the company's website.
Blue Owl Capital reported strong first-quarter results for 2022, with assets under management rising 76% year-over-year to $102 billion. The firm's retail fundraising saw a 172% increase, totaling $2.2 billion. Management fees increased by 51%, reflecting demand for its income-oriented strategies despite market volatility. A quarterly dividend of $0.10 per Class A Share was declared, payable on May 27, 2022. CEO Doug Ostrover emphasized growth potential in Direct Lending, GP Capital Solutions, and Real Estate.
Blue Owl Capital Inc. (NYSE: OWL) has launched Owl Rock Technology Income Corporation (ORTIC), a non-traded business development company (BDC), breaking escrow with approximately $534 million in net equity proceeds. ORTIC aims to capitalize on Owl Rock's direct lending platform, managing around $39.2 billion in assets and targeting technology-related investments. With over $2 billion in committed capital, ORTIC seeks to offer individual investors access to high-quality tech investments previously reserved for large institutions. The fund emphasizes current income and capital appreciation.
Blue Owl Capital Inc. (NYSE: OWL) will release its financial results for Q1 2022 on May 5, 2022, before market open. A conference call will take place at 11:00 a.m. ET on May 5 to discuss these results, accessible through the Investor Resources section of their website. As of December 31, 2021, Blue Owl had $94.5 billion in assets under management. The firm specializes in alternative asset management and aims to support sustainable growth through private capital deployments.
Blue Owl Capital Inc. (NYSE: OWL) announced an upcoming Investor Day on May 20, 2022, starting at 8:30 am ET. The event will feature presentations from the senior management team, focusing on the company's long-term growth strategy, followed by a Q&A session. Interested participants can find registration details on the Investor Resources section of Blue Owl's website. As of December 31, 2021, Blue Owl manages $94.5 billion in assets and employs over 350 professionals across 9 global offices.
Blue Owl Capital (NYSE: OWL) has finalized its acquisition of Wellfleet Credit Partners from Littlejohn & Co. This strategic move, announced in February 2022, enhances Blue Owl's credit capabilities and expands its portfolio, which now includes Wellfleet's 16 CLOs managing over $6.5 billion in assets. The Wellfleet team will continue under the leadership of Scott McKay and Dennis Talley, further solidifying Blue Owl's position in the public markets.
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