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Blue Owl Capital (OWL) Stock News, Apr-May 2025

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Blue Owl Capital Inc. reports developments as a global alternative asset manager investing across Credit, Real Assets and GP Strategic Capital. Recurring updates cover operating and financial results, assets under management, fundraising, capital deployment, dividends, share repurchases and other capital-structure actions tied to its permanent capital base.

News also includes activity involving Blue Owl-managed specialty finance companies such as Blue Owl Capital Corporation and Blue Owl Technology Finance Corp., including portfolio performance, dividends, repurchase programs and financing activity within the Credit platform.

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Newmark Group (NASDAQ: NMRK) has arranged a $7.1 billion construction loan for the second phase of a major AI data center project in Abilene, Texas. The loan, led by J.P. Morgan, will fund a joint venture between Blue Owl Capital, Crusoe, and Primary Digital Infrastructure. The total project value is $15 billion, creating a 1.2-gigawatt AI data center complex. The second phase includes constructing six additional buildings, bringing the total to eight buildings. Phase one, which began in June 2024, includes two buildings with 200+ megawatts and is expected to be operational by H1 2025. Phase two construction started in March 2025, with expected completion in mid-2026. Newmark previously advised on phase one's equity and debt financing.
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Blue Owl Capital (NYSE: OWL) has successfully closed its Blue Owl Digital Infrastructure Fund III (ODI III) with $7 billion in total capital commitments, significantly exceeding its original target of $4 billion. The fund will focus on developing, acquiring, and owning data centers and connectivity-related assets to support AI and cloud-driven global digital capacity needs of major technology companies.

The fund secured commitments from diverse institutional investors including public and private pensions, insurance companies, sovereign wealth funds, and others across the US, Europe, APAC, and Middle East. As of April 30, 2025, Blue Owl's Digital Infrastructure strategy has raised $34 billion in capital and invested in over 90 facilities across more than 25 global markets.

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Blue Owl Capital (NYSE: OWL) announced that co-CEO Marc Lipschultz will present at Bernstein's 41st Annual Strategic Decisions Conference on Wednesday, May 28, 2025 at 3:30 pm ET. The presentation will be accessible via live webcast on Blue Owl's investor relations website at www.ir.blueowl.com, with a replay available after the event.

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KBRA has assigned a BBB+ rating with Stable outlook to Blue Owl Capital Corporation's (NYSE: OBDC) $500 million senior unsecured notes due July 15, 2030, with a 6.20% interest rate. The rating reflects OBDC's connection to the $139 billion Blue Owl Credit platform and its strong position in private credit markets. The company maintains a $17.7 billion investment portfolio focused on senior secured first lien loans (77.5%) to upper middle market companies. Key strengths include solid liquidity with $2.5 billion in available credit lines and $511 million in cash, strong asset quality with low non-accruals (1.4% at cost), and diversified funding sources. The company's leverage stands at 1.33x gross and 1.26x net, with an asset coverage ratio of 175%.
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Blue Owl Capital Corporation (NYSE: OBDC) reported its Q1 2025 financial results. Key highlights include: GAAP net investment income of $0.41 per share, down from $0.47 in Q4 2024, and NAV per share of $15.14, compared to $15.26 in Q4 2024. The Board declared a regular dividend of $0.37 and a supplemental dividend of $0.01, representing a 10.0% annualized yield. OBDC completed its merger with OBDE on January 13, 2025, becoming the second-largest externally managed BDC with over $18B in total assets. The portfolio consisted of 236 companies across 30 industries, with 77.5% in first-lien senior secured debt. New investment commitments totaled $1.2B, while sales and repayments were $1.1B. Non-accrual investments increased to 0.8% of the portfolio at fair value, up from 0.4% in Q4 2024.
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Wingspire Equipment Finance has secured a $350 million credit facility from Bank of America and Wells Fargo to enhance its financing capabilities for middle market and sponsor-backed companies. The warehouse line was provided to a wholly-owned subsidiary of Wingspire Equipment Finance, with Bank of America serving as the structuring and administrative agent.

The company is experiencing strong demand for its capital solutions and plans to relocate its headquarters to a new, larger office at The Flight at Tustin Legacy later this year to accommodate its growing team.

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Blue Owl Capital (NYSE:OWL) reported its Q1 2025 financial results, demonstrating robust growth with a 30% increase in management fees over the past twelve months. The company's business model, characterized by high levels of permanent capital, positions it well during market dislocations.

The company declared a quarterly dividend of $0.225 per Class A Share, scheduled for payment on May 28, 2025, to shareholders of record as of May 14, 2025. Co-CEOs Doug Ostrover and Marc Lipschultz expressed confidence in the company's defensive qualities and strategic positioning in the current market environment.

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Wingspire Equipment Finance has provided over $20 million in equipment financing to a private equity-owned global leader in aviation services. The funding will support the upgrade of operational equipment through an Equipment Finance Agreement (EFA), enabling the company to replace aging cargo and ramp handling equipment, aircraft cleaning machinery, and plane fueling service vehicles.

The financing includes a pre-approved guidance CapEx Line of Credit to ensure efficient funding for equipment acquisition. This investment aims to modernize the client's existing fleet and support strategic expansion to meet growing customer demands. The recipient company is described as one of the world's largest providers of airport ground services and air cargo handling.

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Vantage Mobility, a leading wheelchair accessible vehicle (WAV) manufacturer, has appointed Daryl Adams as Chief Executive Officer. Adams brings over 35 years of automotive industry leadership experience to the role.

Adams most recently served as President and CEO of The Shyft Group (NASDAQ: SHYF), where he doubled company earnings and led new product development. His previous roles include CEO of Midway Products Group and Vice President of Global Engineering and R&D at Lear He is also the Founder and President of Ripple Effect Leadership.

Vantage Mobility, based in Phoenix, specializes in manufacturing WAVs built on Toyota, Honda, and Stellantis chassis. The company has received Toyota's Gold Certificate for Quality for the past 2+ years and employs Six Sigma techniques in its manufacturing processes.

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Blue Owl Capital Corporation (NYSE: OBDC) has scheduled the release of its financial results for the first quarter ended March 31, 2025. The announcement will be made after market close on Wednesday, May 7, 2025.

The company will host a webcast and conference call on Thursday, May 8, 2025, at 10:00 a.m. Eastern Time to discuss the quarterly results. Interested participants can access the event through:

  • Webcast: Available on the Events section at blueowlcapitalcorporation.com
  • Phone: Domestic (877) 737-7048 or International +1 (201) 689-8523

Participants are advised to join 10-15 minutes early for registration. A replay will be accessible for one year via webcast and for 14 days through phone using access code 13751858.

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FAQ

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

Blue Owl Capital (OWL) last closed at $8.79.

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

The market cap of Blue Owl Capital (OWL) is approximately $13.8B.