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.
Owl Rock Capital and Dyal Capital Partners have completed their business combination to form Blue Owl Capital Inc., effective May 20, 2021. The transition has been approved by the boards of the affected business development companies (BDCs). Craig Packer, CEO, emphasized that the investment team's strategy and focus will remain unchanged, aiming for attractive returns for shareholders. The BDCs, including Owl Rock Capital Corporation (NYSE: ORCC), will continue to operate under the same advisory agreements. Blue Owl will begin trading under the ticker OWL.
Owl Rock Capital Group and Dyal Capital Partners have successfully completed their business combination, resulting in the formation of Blue Owl Capital Inc. (NYSE: OWL). Approved on May 18, 2021, this merger provides public investors access to direct lending and GP capital solutions. As of March 31, 2021, combined assets under management stand at $52.5 billion, with 91% in permanent capital. Led by a seasoned management team, Blue Owl aims to enhance earnings visibility and establish a robust position in the alternative asset management space.