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Blue Owl Capital Inc. - OWL STOCK NEWS

Welcome to our dedicated page for Blue Owl Capital news (Ticker: OWL), a resource for investors and traders seeking the latest updates and insights on Blue Owl Capital stock.

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.

News

KBRA Assigns Rating to Blue Owl Credit Income Corp.'s $750 Million 6.65% Senior Unsecured Notes due 2031

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KBRA assigns a rating of BBB to Blue Owl Credit Income Corp.'s $750 million 6.65% senior unsecured notes due March 15, 2031 with a Stable Outlook. The company has ties to a $79.5 billion direct lending platform, a diversified $15.4 billion investment portfolio, and solid management. The rating reflects adequate leverage, strong liquidity, and a healthy credit quality. The company's note maturities are staggered, and it maintains sufficient cash and available credit lines for several quarters.
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Blue Owl Capital Corporation III to Begin Trading on New York Stock Exchange

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Blue Owl Capital Corporation III (OBDE) has received approval from the New York Stock Exchange and is expected to commence trading under the ticker symbol 'OBDE'. Preliminary Q4 2023 estimates show a net investment income per share range of $0.56 to $0.59 and a net asset value per share range of $15.52 to $15.58. Full financial results for Q4 and year ended December 31, 2023, will be released on February 21, 2024.
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KBRA Assigns Rating to Blue Owl Capital Corporation's $600 Million 5.95% Senior Unsecured Notes Due 2029

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KBRA assigns a rating of BBB to Blue Owl Capital Corporation's (NYSE: OBDC ) $600 million 5.95% senior unsecured notes due March 15, 2029. The Outlook for the rating is Positive. The proceeds will be used to repay borrowings under the company's secured revolving facility and/or SPV asset facility II. The rating and the Positive Outlook are supported by the company’s ties to the solid $79.5 billion Blue Owl direct lending platform, the derived benefits from OBDC’s SEC exemptive relief to co-invest with other funds managed by the advisor and its affiliates, and its diversified $12.9 billion investment portfolio comprised mostly of senior secured loans (82.7%) to mostly upper middle market companies in mainly non-cyclical industries, as of September 30, 2023. The rating also reflects the company’s solid management team, which has a long track record of working within the private debt markets with each member of the Investment Committee having an average of over 30 years of experience in the industry. Additionally, the company maintains a prudent leverage target of 0.9x to 1.25x, which KBRA considers appropriate, allowing OBDC to absorb increased market volatility as well as a potential increase in non-accruals as we remain in an uncertain economic environment with increasing risk of a recession with high base rates for longer. Non-accruals remain relatively low at 0.80% and 0.95% of total investments at fair value and cost, respectively, as of September 30, 2023. KBRA believes that OBDC benefits from the company’s solid underwriting and focus on portfolio companies in the upper middle market with EBITDAs in excess of $100 million. OBDC’s profitability has benefited from the rising interest rate environment with an asset sensitive balance sheet with the majority of its investments variable rate loans. OBDC maintains solid access to the capital markets with a diversified funding mix of secured bank facilities, CLOs, and senior unsecured debt. Approximately 58% of the company’s total outstanding debt was comprised of senior unsecured notes which allows for solid unencumbered assets for noteholders. The strengths are counterbalanced by the potential risk related to the company’s illiquid investments, retained earnings constraints as a Regulated Investment Company (RIC), and an uncertain economic environment and geopolitical risks.
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Blue Owl Capital Corporation III Announces Intention to List on the New York Stock Exchange

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Blue Owl Capital Corporation III (OBDE), a leading business development company focused on lending to U.S. upper middle-market companies, intends to list its shares of common stock on the NYSE. The company plans to disclose preliminary estimates of fourth-quarter 2023 results by January 24, 2024, and release full financial results for the fourth quarter and fiscal year 2023 on February 21, 2024. The board declared a first quarter 2024 regular dividend of $0.35 per share and five special dividends of $0.06 per share, payable on a quarterly basis. A share repurchase program of up to $100 million of outstanding common stock has been approved. The board also waived transfer restrictions for a portion of the company's common stock. BofA Securities, J.P. Morgan, and RBC Capital Markets are serving as lead advisors to the company in connection with its proposed listing.
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Blue Owl Capital Corporation Schedules Earnings Release and Quarterly Earnings Call to Discuss its Fourth Quarter and Fiscal Year Ended December 31, 2023 Financial Results

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Blue Owl Capital Corporation (NYSE: OBDC) will release its financial results for the fourth quarter and fiscal year ended December 31, 2023 on February 21, 2024, followed by a webcast / conference call on February 22, 2024 at 10:00 a.m. Eastern Time to discuss the results.
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Blue Owl Capital Inc. to Announce Fourth Quarter 2023 Results

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Blue Owl Capital Inc. (NYSE: OWL) will release its Q4 2023 financial results on February 9, 2024, before market open. Interested persons can join the webcast/conference call at 8:30 a.m. Eastern Time on the same day to discuss the results.
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Amergin Acquired Valkyrie Aircraft Portfolio

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Amergin Asset Management (AAM) has announced the acquisition of the Valkyrie portfolio of five narrow body aircraft with leases attached, bringing Amergin Aviation's managed fleet to nine narrow body aircraft on lease to operators in Europe, the Americas, and Asia. AAM plans to expand its acquisition of aviation assets throughout 2024. Ticker symbol: AAM.
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KBRA Assigns Rating to Blue Owl Technology Income Corp.';s $75 Million Floating Rate Senior Unsecured Notes

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KBRA assigns a BBB rating to Blue Owl Technology Income Corporation (OTIC) with a Stable Outlook, reflecting the company's ties to the $79.5 billion Blue Owl direct lending platform, a diversified $2.9 billion investment portfolio, and a solid management team. The company has a gross leverage of 0.77x with regulatory asset coverage of 229% and continues to strengthen its funding profile with the issuance of unsecured debt. However, potential risks include illiquid investments, short operating history, high but declining percentage of secured debt, and retained earnings constraints as a RIC.
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KBRA Assigns Rating to Blue Owl Technology Income Corp.';s $100 Million Floating Rate Senior Unsecured Notes

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Blue Owl Technology Income Corporation (OTIC) has been assigned a BBB rating by KBRA for its $100 million floating rate senior unsecured notes due January 15, 2029. The company's rating reflects its ties to the sizeable Blue Owl direct lending platform, SEC exemptive relief, diversified investment portfolio, solid management team, and appropriate gross leverage. The company has also raised significant capital and has no non-accruals as of September 30, 2023.
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KBRA Assigns Rating to Blue Owl Credit Income Corp.'s $550 Million Senior Unsecured Notes due 2029

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KBRA assigns a rating of BBB to Blue Owl Credit Income Corp.'s (OCIC) $550 million 7.750% senior unsecured notes due January 15, 2029, with a Stable Outlook. The company maintains solid leverage, asset coverage, and liquidity, with a diversified investment portfolio and a strong management team. OCIC raises capital monthly and offers up to 5% of its shares for repurchase quarterly. The company's credit quality remains strong, with only one debt investment on non-accrual status. However, potential risks include illiquid investments, rapid portfolio growth, and retained earnings constraints as a Regulated Investment Company (RIC). The company is managed by Blue Owl Credit Advisors LLC, an affiliate of Blue Owl Capital, Inc. (NYSE: OWL), with $157 billion of AUM as of September 30, 2023.
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FAQ

What is the current stock price of Blue Owl Capital (OWL)?

The current stock price of Blue Owl Capital (OWL) is $23.24 as of January 8, 2025.

What is the market cap of Blue Owl Capital (OWL)?

The market cap of Blue Owl Capital (OWL) is approximately 13.0B.

What does Blue Owl Capital Inc. do?

Blue Owl Capital Inc. is a global alternative asset manager that deploys private capital across Credit, GP Strategic Capital, and Real Estate platforms.

How much assets under management (AUM) does Blue Owl Capital Inc. have?

As of December 31, 2023, Blue Owl Capital Inc. manages over $165 billion in assets.

Who are the primary clients of Blue Owl Capital Inc.?

Blue Owl's clients include institutional investors such as public and private pension funds, endowments, foundations, family offices, private banks, high-net-worth individuals, asset managers, and insurance companies.

What recent acquisitions has Blue Owl Capital Inc. made?

Recently, Blue Owl acquired Prima Capital Advisors for $170 million to expand its Real Estate Finance strategy.

Who leads Blue Owl’s Real Estate platform?

Jesse Hom, previously Global Head of Real Estate Credit at GIC, leads Blue Owl's Real Estate platform as Chief Investment Officer.

How many employees does Blue Owl Capital Inc. have?

Blue Owl employs over 685 professionals globally.

What was the purpose of Blue Owl's recent Senior Notes issuance?

The $750 million of 6.250% Senior Notes due 2034 issuance aims to fund strategic acquisitions, repay outstanding borrowings, and support general corporate purposes.

What are the key platforms Blue Owl Capital Inc. invests in?

Blue Owl invests across three key platforms: Credit, GP Strategic Capital, and Real Estate.

Where is Blue Owl Capital Inc.'s revenue primarily generated?

Blue Owl generates substantially all of its revenue from operations in the United States.

What is the significance of Blue Owl's partnership with Lunate Capital?

The partnership with Lunate Capital aims to provide minority equity and financing solutions to private capital managers, supporting the growth of platforms like Linden Capital Partners’ healthcare investment arm.
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Blue Owl Capital Inc.

NYSE:OWL

OWL Rankings

#724 Ranked by Market Cap
#1054 Ranked by Dividends

OWL Stock Data

13.00B
557.54M
0.09%
95.95%
6.02%
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