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 specializing in private capital deployment across credit, GP strategic capital, and real estate strategies. This news hub provides investors and financial professionals with timely updates on the company's activities and market positioning.
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Bookmark this page for direct access to Blue Owl's official communications and expert analysis of their evolving strategies in private markets. Regularly updated to reflect new developments, this resource supports informed decision-making for stakeholders at all levels.
On June 1, 2022, Blue Owl Capital (NYSE: OWL) announced a secondary public offering of 10,698,180 shares of its Class A common stock. The shares are being offered by NBSH Blue Investments II, LLC, and the underwriters have a 30-day option for an additional 1,604,727 shares. The offering proceeds will not benefit Blue Owl Capital as it does not receive funds from the sale. BofA Securities and Citigroup are the joint bookrunning managers for this offering. Investors are advised to review the accompanying registration statement and prospectus available on the SEC website.
On May 20, 2022, Blue Owl Capital hosted its Investor Day, outlining its strategic direction aimed at achieving long-term financial targets. Senior management detailed plans for growth across Direct Lending, GP Capital Solutions, and Real Estate strategies. As of March 31, 2022, Blue Owl manages $102.0 billion in assets and focuses on providing private capital solutions. The event included a Q&A session, with material available for replay on the company's website.
Blue Owl Capital reported strong first-quarter results for 2022, with assets under management rising 76% year-over-year to $102 billion. The firm's retail fundraising saw a 172% increase, totaling $2.2 billion. Management fees increased by 51%, reflecting demand for its income-oriented strategies despite market volatility. A quarterly dividend of $0.10 per Class A Share was declared, payable on May 27, 2022. CEO Doug Ostrover emphasized growth potential in Direct Lending, GP Capital Solutions, and Real Estate.
Blue Owl Capital Inc. (NYSE: OWL) has launched Owl Rock Technology Income Corporation (ORTIC), a non-traded business development company (BDC), breaking escrow with approximately $534 million in net equity proceeds. ORTIC aims to capitalize on Owl Rock's direct lending platform, managing around $39.2 billion in assets and targeting technology-related investments. With over $2 billion in committed capital, ORTIC seeks to offer individual investors access to high-quality tech investments previously reserved for large institutions. The fund emphasizes current income and capital appreciation.
Blue Owl Capital Inc. (NYSE: OWL) will release its financial results for Q1 2022 on May 5, 2022, before market open. A conference call will take place at 11:00 a.m. ET on May 5 to discuss these results, accessible through the Investor Resources section of their website. As of December 31, 2021, Blue Owl had $94.5 billion in assets under management. The firm specializes in alternative asset management and aims to support sustainable growth through private capital deployments.
Blue Owl Capital Inc. (NYSE: OWL) announced an upcoming Investor Day on May 20, 2022, starting at 8:30 am ET. The event will feature presentations from the senior management team, focusing on the company's long-term growth strategy, followed by a Q&A session. Interested participants can find registration details on the Investor Resources section of Blue Owl's website. As of December 31, 2021, Blue Owl manages $94.5 billion in assets and employs over 350 professionals across 9 global offices.
Blue Owl Capital (NYSE: OWL) has finalized its acquisition of Wellfleet Credit Partners from Littlejohn & Co. This strategic move, announced in February 2022, enhances Blue Owl's credit capabilities and expands its portfolio, which now includes Wellfleet's 16 CLOs managing over $6.5 billion in assets. The Wellfleet team will continue under the leadership of Scott McKay and Dennis Talley, further solidifying Blue Owl's position in the public markets.
Blue Owl Capital (NYSE: OWL) has appointed Pak-Seng Lai as Managing Director and Head of Private Wealth Distribution in APAC, effective January 2022. Lai brings over two decades of experience and will drive the expansion of Blue Owl's private wealth business in the region, responding to the increasing demand from high-net-worth investors for alternative investments. The firm aims to grow its team in APAC to around 20 by the end of Q2 2022, following its acquisition of Hong Kong's Ascentium in December 2021. Blue Owl manages $94.5 billion in assets as of December 31, 2021.
Blue Owl Capital Inc. (NYSE: OWL) reported its fourth quarter 2021 financial results, showing a net income of $82 thousand and a net loss of $0.01 per diluted Class A Share. Distributable Earnings hit $159.2 million ($0.12 per Adjusted Share), while Fee-Related Earnings reached $165.3 million ($0.12 per Adjusted Share). Assets under management grew by 77% to $94.5 billion. A quarterly dividend of $0.10 per Class A Share was declared, payable on March 7, 2022.
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