ORCC Stock Price, News & Analysis

Owl Rock Capital Corporation (ORCC) is a leading specialty finance company that focuses on lending to U.S. middle-market companies. Established in 1989, the company has consistently driven innovation in the financial services sector. ORCC operates through its proprietary payments gateway, which connects banks directly with billers, providing state-of-the-art web and phone-based financial services, electronic payments, and marketing services to foster consumer adoption.

ORCC is the largest financial technology provider dedicated to the online channel, working with 17 of the top 50 U.S. banks and 6 of the top 12 U.S. card issuers. The company's headquarters are in Chantilly, VA, with additional regional offices in Parsippany and Princeton, NJ, Woodland Hills and Pleasanton, CA, and Columbus, OH.

In a significant move, ORCC announced on June 22, 2023, that it will undergo a rebranding initiative effective July 6, 2023, changing its name, ticker, and website. Managed by an investment adviser that is an affiliate of Blue Owl Capital Inc. (NYSE: OWL), the company's day-to-day operations will remain the same, but the rebranding aligns it under the Blue Owl brand.

As of March 31, 2023, ORCC had investments in 187 portfolio companies with an aggregate fair value of $13.2 billion. The company is regulated as a business development company under the Investment Company Act of 1940 and is externally managed by Owl Rock Capital Advisors LLC, an SEC-registered investment adviser.

ORCC has been recognized for its high growth and product innovation, earning awards such as the Online Banking Report Innovation of the Year Award, Deloitte & Touch Fast 500, and Fortune Small Business 100. The company continues to be a significant player in the financial markets, offering robust solutions that enhance the efficiency and scope of financial interactions for millions of consumers and financial institutions.