Blue Owl Capital

Last updated

Blue Owl Capital Inc.
Company type Public
Industry Financial services
FoundedMay 19, 2021;
4 years ago (2021-05-19) [1] [2]
Founders
Headquarters 399 Park Avenue,
New York City
,
United States
Products
RevenueIncrease2.svg US$2.9 billion (2025)
Decrease2.svg US$78.8 million (2025)
AUM Increase2.svg US$307.5 billion (2025)
Total assets Increase2.svg US$12.5 billion (2025)
Total equity Increase2.svg US$15.2 billion (2025)
Number of employees
1,365 (2025)
Website blueowl.com
Footnotes /references
Financials as of December 31,2025. [3]

Blue Owl Capital Inc. is an American alternative investment asset management company that is listed on the New York Stock Exchange under the ticker symbol: "OWL". Headquartered in New York City, it has additional offices around the world, including London, Dubai, and Hong Kong.

Contents

History

Dyal Capital was formed in 2011 by Michael Rees. [2] [4] [5] It provided financing to hedge funds and private equity firms by acquiring minority interests in them. [6] [4] [5]

Owl Rock Capital Group was founded in 2016. [2] [7] It was a middle market private credit direct lending firm that dealt with credit investments. [2] [7] [6]

In December 2020, it was announced there would be a merger between Dyal Capital Partners and Owl Rock. [1] [2] The two firms combined with a special-purpose acquisition company, Altimar Acquisition Corp to form Blue Owl. [1] [2] [8]

In May 2021, the transaction was completed and Blue Owl was listed on the New York Stock Exchange. [9] [10] [6] The deal was valued at $12.2 billion which included a $1.5 billion commitment from investors such as ICONIQ Capital, Federated Hermes and Liberty Mutual. [1] [2]

In October 2021, Blue Owl acquired Oak Street, a private equity real estate firm for $950 million. [11] [12] [13]

In December 2021, Blue Owl acquired Ascentium Group, a business development office based in Hong Kong. [14] This was done as part of its plans to expand in Asia. [14]

In October 2022, Bloomberg reported Blue Owl intended to expand the size of its offices in Greenwich, Connecticut and had opened an office in New Jersey. [15]

In July 2024, the firm entered into an agreement to purchase a private credit firm, Atalaya Capital Management. [16]

References

  1. 1 2 3 4 5 "Owl Rock, Dyal Capital to merge in $12 billion deal". Pensions & Investments. December 23, 2020.
  2. 1 2 3 4 5 6 7 Gottfried, Cara Lombardo and Miriam (December 23, 2020). "Owl Rock, Dyal Strike Deal to Combine and Go Public". Wall Street Journal.
  3. ↑ "Q4 2025 Results". Blue Owl Capital. February 10, 2025.
  4. 1 2 "Michael Rees: how a private equity chief turned the tables on his peers". Financial Times. July 22, 2021. Retrieved October 17, 2022.
  5. 1 2 "Lehman spinout profits from buying into buyout groups". Financial Times. January 4, 2019. Retrieved October 17, 2022.
  6. 1 2 3 Beltran, Luisa. "Blue Owl's Stock Will Rise This Year, Analyst Says". www.barrons.com. Retrieved October 17, 2022.
  7. 1 2 Wirz, Matt (February 13, 2020). "Behind the Rise of Owl Rock: Low Fees". Wall Street Journal. ISSN   0099-9660 . Retrieved October 17, 2022.
  8. ↑ Gottfried, Cara Lombardo and Miriam (December 23, 2020). "Owl Rock, Dyal Strike Deal to Combine and Go Public". Wall Street Journal. ISSN   0099-9660 . Retrieved October 17, 2022.
  9. ↑ "The Biggest IPOs of 2021". Morningstar, Inc. December 15, 2021. Retrieved October 17, 2022.
  10. ↑ Gottfried, Miriam (June 23, 2021). "Blue Owl, Newest Private-Equity Creation, Sees Wisdom in Simplicity". Wall Street Journal. ISSN   0099-9660 . Retrieved October 17, 2022.
  11. ↑ "Blue Owl Capital to acquire Oak Street Real Estate Capital". Pensions & Investments. October 18, 2021. Retrieved October 17, 2022.
  12. ↑ "Oak Street Real Estate Capital To be Acquired by Blue Owl Capital". www.willkie.com. Retrieved October 17, 2022.
  13. ↑ Basak, Sonali (March 4, 2022). "Blue Owl Capital Plans London IPO of Dyal Assets". www.bloomberg.com. Retrieved October 17, 2022.
  14. 1 2 "Blue Owl buys Ascentium Group as part of Asia expansion". Pensions & Investments. December 13, 2021. Retrieved October 17, 2022.
  15. ↑ Wong, Natalie; Parmar, Hema; Kane, Lizzie (October 27, 2022). "Citadel, Blue Owl Expand in Connecticut in Bid to Cut Commutes". Bloomberg. Retrieved October 27, 2022.
  16. ↑ Basak, Sonali; Natarajan, Sridhar; Tan, Gillian (July 16, 2024). "Blue Owl to Buy Atalaya in Deeper Push Into Private Credit". Bloomberg. Retrieved July 17, 2024.
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