Blue Owl Capital Announces Final Close for Private Offering of an Alternative Credit Fund
Rhea-AI Summary
Blue Owl Capital (NYSE: OWL) has successfully closed its alternative credit fund with $850 million in capital commitments from global private wealth investors. The Fund focuses on alternative credit strategies, particularly asset-based finance, targeting current income and capital appreciation through financing solutions backed by financial or hard asset collateral.
The fundraising success highlights Blue Owl's growing presence in the private wealth sector and demonstrates strong investor confidence in their credit solutions. The Fund represents an evolution in private credit, offering a differentiated approach through asset-based financing that aims to provide consistent income with lower correlation to traditional corporate direct lending and public markets.
Positive
- Successfully raised $850 million in capital commitments
- Expanded presence in global private wealth channels across Americas, EMEA and APAC
- Offers differentiated access to underpenetrated Alternative Credit market
- Strategy provides potential for consistent income with lower correlation to traditional markets
Negative
- None.
News Market Reaction
On the day this news was published, OWL gained 3.07%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Blue Owl closes
to launch next chapter of growth in Alternative Credit$850 million
The Fund seeks to provide current income, and to a lesser extent, capital appreciation through investments in alternative credit strategies with a focus on asset-based finance, such as financing solutions based on financial or hard asset collateral.
This milestone marks a significant achievement for Blue Owl's Private Wealth platform, underscoring the firm's ability to deliver differentiated access to a large and underpenetrated Alternative Credit market that meets the growing demand for institutional-grade private credit solutions among individual investors.
Madeleine Sinclair, Head of Private Wealth,
Ivan Zinn, Head of Alternative Credit at Blue Owl said: "The Fund marks the evolution in the next generation of private credit, asset-based finance. Asset-based financing presents a differentiated approach to corporate credit by anchoring investments to tangible collateral or stream of cash flow. Taken together, these characteristics may contribute to a return profile that generates consistent income and is less correlated to both traditional corporate direct lending and broader public markets. For private wealth investors, this may have the potential to complement portfolios by offering stability, income, and diversification in a single strategy."
About Blue Owl
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With over
Together with over 1,200 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.
Forward Looking Statements
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "would," "should," "future," "propose," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law.
These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.
Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl's shares on the New York Stock Exchange; Blue Owl's ability to manage growth; Blue Owl's ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors.
Investor Contact
Ann Dai
Head of Investor Relations
blueowlir@blueowl.com
Media Contact
Nick Theccanat
Principal, Corporate Communications & Government Affairs
Nick.Theccanat@blueowl.com
View original content:https://www.prnewswire.com/news-releases/blue-owl-capital-announces-final-close-for-private-offering-of-an-alternative-credit-fund-302507608.html
SOURCE Blue Owl Capital