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. 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.
Blue Owl Capital (OBDC) and Blue Owl Capital III (OBDE) have secured shareholder approval for their proposed merger, with overwhelming support receiving over 97% and nearly 100% of votes in favor, respectively. The merger is expected to close around January 13, 2025, pending customary closing conditions.
CEO Craig W. Packer emphasized that this merger will create a more diversified BDC with enhanced scale and strong credit quality. Prior to the merger completion, OBDE will distribute a special dividend of $0.52 per share on January 9, 2025, and a quarterly dividend of $0.35 per share on January 10, 2025, to shareholders of record as of December 31, 2024. The special dividend covers OBDE's estimated remaining undistributed taxable income at merger closing.
Blue Owl Capital (NYSE: OWL) has announced plans to host an Investor Day on Friday, February 7, 2025. The event will feature presentations from the company's senior management team beginning at 8:30 am ET, followed by a Q&A session.
The presentations will focus on providing insights into Blue Owl's long-term growth strategy. Interested participants can find registration details in the Shareholders section of Blue Owl's website at www.blueowl.com.
Blue Owl Capital (NYSE: OWL) has scheduled the release of its fourth quarter 2024 financial results for Thursday, February 6, 2025, before market open. The company will host a conference call and webcast at 8:30 a.m. Eastern Time on the same day to discuss the results.
The conference call will be accessible through the company's website at www.blueowl.com in the Shareholders section. Participants can also join via phone using the following numbers: Domestic (Toll Free): +1 (888) 330-2454 or International: +1 (240) 789-2714, with Conference ID: 4153114. Callers are advised to connect 10-15 minutes before the call. An archived replay will be available afterward through the Shareholders section of the website.
Blue Owl Capital (NYSE: OWL) has appointed Yoichi Nakamura as Managing Director and Head of Japan Private Wealth, based in their Tokyo office. Nakamura, who previously served as CEO Japan of Algebris Investments, brings over two decades of experience in the Japanese market and will report to Johann Santer, Head of APAC Private Wealth.
During his six-year tenure at Algebris, Nakamura successfully secured investment mandates from Japan's leading securities companies and wealth managers. His appointment strengthens Blue Owl's presence in Japan, where he will leverage the firm's USD $235 billion private markets platform to expand their wealth business.
Blue Owl's private wealth division currently employs over 140 professionals serving more than 125,000 clients globally, offering solutions across Credit, GP Strategic Capital, and Real Estate investment platforms.
Blue Owl Capital (NYSE: OWL), a leading alternative asset manager, has announced the completion of its acquisition of IPI Partners business, a digital infrastructure fund manager. As of September 30, 2024, IPI managed over $11 billion in assets. The acquisition will enhance Blue Owl's digital infrastructure strategy within its Real Estate platform. IPI's Managing Partner, Matt A'Hearn, has been appointed Head of Blue Owl's digital infrastructure strategy and will report to Blue Owl Co-President and Head of Real Estate, Marc Zahr.
Wingspire Equipment Finance has provided $10 million in equipment financing to a global agricultural manufacturing company to modernize its flagship Canadian facility. The funding, structured as a Capital Lease, will support the replacement of aging equipment with state-of-the-art technologies to enhance manufacturing capabilities and reduce downtime.
The recipient is a private equity-backed company specializing in high-precision components and parts for agricultural soil preparation, serving OEM and aftermarket channels across North America, Europe, and Latin America. The company also maintains a strong portfolio in agriculture, construction, and gardening tools.
Blue Owl Capital III (NYSE: OBDE) has declared a special dividend of $0.52 per share, payable by January 31, 2025, to shareholders of record as of December 31, 2024. The dividend payment timing is linked to the proposed merger with Blue Owl Capital (NYSE: OBDC), expected to close after the shareholder meetings scheduled for January 8, 2025. The special dividend represents OBDE's estimated remaining undistributed taxable income at merger closing and includes any unpaid special dividends previously declared during OBDE's January 2024 listing.
Splitero has secured a significant capital commitment of up to $350 million from Blue Owl Capital managed funds for Home Equity Investments. The fintech company also announced its expansion into Tennessee and Virginia, broadening its home equity solutions reach.
The strategic investment will enable Splitero to help more homeowners access their home equity during a period of rising consumer debt and living costs. According to ICE Mortgage Monitor, U.S. homeowners currently hold $11.5 trillion of accessible home equity. Splitero's business model provides homeowners with immediate cash in exchange for a share of their home's future value, without requiring monthly payments or adding new debt.
Blue Owl Capital (NYSE: OWL) has announced that co-CEO Marc Lipschultz will present at the Goldman Sachs 2024 US Financial Services Conference on Wednesday, December 11, 2024 at 1:40 pm ET. The presentation will be available through a live webcast on the Shareholders section of Blue Owl's website. For those who cannot attend the live broadcast, a replay will be made available on the company's website following the event.
Blue Owl Technology Finance Corp. (OTF) and Blue Owl Technology Finance Corp. II (OTF II) have announced a definitive merger agreement, with OTF as the surviving company. The merger will create one of the largest BDCs and the largest software-focused BDC by total assets. The combined portfolio will have 77% first lien investments and 81% senior secured investments, with pro forma total assets of approximately $15.8 billion. Under the merger terms, OTF II shareholders will receive OTF common stock shares equal to their NAV, resulting in pro forma ownership of 45.3% for OTF shareholders and 54.7% for OTF II shareholders. The transaction is expected to close in Q2 2025.