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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) will release its financial results for Q2 2021 on August 10, 2021, before market open. A conference call to discuss results will occur on the same day at 8:30 a.m. ET. The call can be accessed via the investor section of Blue Owl's website or by phone. The firm manages approximately $52.5 billion in assets and specializes in direct lending and GP capital solutions, aiming to provide diverse capital strategies to the private market ecosystem.
Owl Rock Capital Corporation (NYSE: ORCC) has appointed Jonathan Lamm as its new Chief Financial Officer and Chief Operating Officer, effective September 1, 2021. Lamm, previously CFO and Treasurer at Goldman Sachs BDC, Inc., brings extensive experience in finance and operations. Former CFO Alan Kirshenbaum will continue as Executive Vice President. This leadership change aims to strengthen ORCC's operational and financial framework as it manages an investment portfolio valued at $11.2 billion across 120 companies.
Blue Owl (NYSE: OWL) announced the final closing of the Owl Rock Opportunistic Fund with $2.0 billion in capital commitments. The fund aims to raise $2.5 billion in investable capital to offer bespoke capital solutions for private companies. This strategy is backed by global investors, including pension funds and asset managers. Co-heads Nicole Drapkin and Jesse Huff emphasized the fund's focus on unique investment opportunities, including rescue financings and recapitalizations, designed to cater to middle-market companies in complex situations.
Blue Owl (NYSE: OWL) has appointed Ann Dai as Managing Director and Head of Investor Relations, effective immediately. Based in New York City, Dai will manage the firm's investor relations and report to CFO Alan Kirshenbaum. Kirshenbaum highlighted Dai's extensive experience and anticipated contributions to enhancing the company's public image. Dai aims to promote Blue Owl's strong market position in Direct Lending and GP Capital Solutions, emphasizing the firm’s unique business model and growth potential. As of March 31, 2021, Blue Owl had approximately $52.5 billion in assets under management.
Owl Rock Capital Corporation (ORCC) will release its financial results for the second quarter ending June 30, 2021, on August 4, 2021, after market close. A webcast and conference call for investors is scheduled for August 5, 2021, at 10:00 a.m. Eastern Time. ORCC, a specialty finance company focused on U.S. middle-market lending, had investments valued at $11.2 billion as of March 31, 2021. The firm has approximately $27.8 billion in assets under management and is managed by Owl Rock Capital Advisors LLC.
Owl Rock Capital Corporation (NYSE: ORCC) has announced the pricing of a public offering of $450 million in 2.875% notes due June 11, 2028. The notes can be redeemed at ORCC's option at any time. The offering, managed by multiple securities firms, is expected to close on June 11, 2021. Proceeds will be used to reduce existing debt obligations, including a Revolving Credit Facility and an SPV Asset Facility. As of March 31, 2021, ORCC had investments valued at $11.2 billion in 120 companies.
Blue Owl Capital (NYSE: OWL) announced the pricing of $700 million in 3.125% Senior Notes due 2031 by its subsidiary, Blue Owl Finance LLC. The notes are guaranteed by various Blue Owl entities. Proceeds will be used to repay existing term loan borrowings and cover offering fees, with any remaining funds allocated for corporate purposes and potential strategic acquisitions. The offering complies with Rule 144A and Regulation S under the Securities Act, indicating it targets institutional buyers and non-U.S. persons. The company manages approximately $52.5 billion in assets.
Blue Owl Capital (NYSE:OWL) announced on June 3, 2021, that its subsidiary, Blue Owl Finance LLC, plans to offer senior notes, guaranteed by multiple affiliated entities. The proceeds will be utilized to repay existing term loans, cover offering expenses, and fund future acquisitions or growth initiatives. These notes will be offered to qualified institutional buyers and non-U.S. persons under SEC regulations. As of March 31, 2021, Blue Owl Capital managed approximately $52.5 billion in assets and employs around 245 staff across various global offices.
Owl Rock Capital and Dyal Capital Partners have completed their business combination to form Blue Owl Capital Inc., effective May 20, 2021. The transition has been approved by the boards of the affected business development companies (BDCs). Craig Packer, CEO, emphasized that the investment team's strategy and focus will remain unchanged, aiming for attractive returns for shareholders. The BDCs, including Owl Rock Capital Corporation (NYSE: ORCC), will continue to operate under the same advisory agreements. Blue Owl will begin trading under the ticker OWL.
Owl Rock Capital Group and Dyal Capital Partners have successfully completed their business combination, resulting in the formation of Blue Owl Capital Inc. (NYSE: OWL). Approved on May 18, 2021, this merger provides public investors access to direct lending and GP capital solutions. As of March 31, 2021, combined assets under management stand at $52.5 billion, with 91% in permanent capital. Led by a seasoned management team, Blue Owl aims to enhance earnings visibility and establish a robust position in the alternative asset management space.
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