Owl Rock Capital

#2430

Rank

$5.25B

MarketCap US

US United States

Country

Summary
Owl Rock Capital Corporation is a business development company. The fund makes investments in senior secured or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments and common equity investments. Within private equity, it seeks to invest in growth, acquisitions, market or product expansion, refinancings and recapitalizations. It seeks to invest in middle market companies based in the United States, with EBITDA between $10 million and $250 million annually and/or annual revenue of $50 million and $2.5 billion at the time of investment.

History

In December 2020, it was announced there would be a merger between Owl Rock Capital Group and Dyal Capital Partners. The two firms would combine with a special-purpose acquisition company, Altimar Acquisition Corp to form Blue Owl. The deal was valued at $12.2 billion which included a $1.5 billion commitment from investors such as ICONIQ Capital, Federated Hermes and Liberty Mutual.On May 19, 2021, the transaction was completed and Blue Owl was listed on the New York Stock Exchange.On October 18, 2021, Blue Owl acquired Oak Street, a private equity real estate firm for $950 million.On December 13, 2021, Blue Owl acquired Ascentium Group, a business development office based in Hong Kong. This was done as part of its plans to expand in Asia.In March 2022, Blue Owl announced it planned to hold an IPO for Dyal Capital on the London Stock Exchange. In October 2022, Bloomberg reported Blue Owl intended to expand the size of its offices in Greenwich, Connecticut and had opened an office in New Jersey.


Mission
Our mission is to provide private credit solutions to middle-market companies that enable enhanced returns and create long-term value.

Vision
Our vision is to become a progressive, responsible, and trusted partner for middle-market companies who seek customized financing solutions.

Key Team

Ms. Dana Sclafani (Head of Investor Relations)

Ms. Karen Hager (Chief Compliance Officer)

Mr. Alan J. Kirshenbaum CPA (Exec. VP)

Mr. Erik J. Bissonnette (Managing Director)

Mr. Scott V. Turco (Managing Director)

Mr. Dhruv Narain (Managing Director)

Mr. Jean Joseph (Managing Director)


Recognition and Awards
Owl Rock Capital has been named by Preqin as the Secondaries Liquidity Manager of the Year for 2018. It has also been named a ‘Top 10 Best Managed Funds’ by Lang Cat for 2017-2018

References
Owl Rock Capital
Leadership team

Mr. Craig W. Packer (Pres, CEO & Director)

Mr. Jonathan Lamm CPA (CFO & COO)

Mr. Bryan Cole CPA (Chief Accounting Officer & Co-Controller)

Products/ Services
Finance, Financial Services, Venture Capital
Headquarters
New York, New York, United States
Established
2015
Company Registration
SEC CIK number: 0001655888
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
ORCC
Wed Feb 28 2024
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