Blue Owl Capital
| Type | Public |
|---|---|
| |
| Industry | Financial services |
| Founded | May 19, 2021[1][2] |
| Founders |
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| Headquarters | 399 Park Avenue, New York City , United States |
| Products | |
| Revenue | |
| AUM | |
| Total assets | |
| Total equity | |
Number of employees | 1,365 (2025) |
| Website | blueowl |
| Footnotes Financials as of December 31, 2025[update].[3] | |
Blue Owl Capital Inc. is an American alternative investment asset management company that is listed on the New York Stock Exchange under the ticker symbol: "OWL". Headquartered in New York City, it has additional offices around the world, including London, Dubai, and Hong Kong.
History
[edit]Dyal Capital was formed in 2011 by Michael Rees.[2][4][5] It provided financing to hedge funds and private equity firms by acquiring minority interests in them.[6][4][5]
Owl Rock Capital Group was founded in 2016.[2][7] It was a middle market private credit direct lending firm that dealt with credit investments.[2][7][6]
In December 2020, it was announced there would be a merger between Dyal Capital Partners and Owl Rock.[1][2] The two firms combined with a special-purpose acquisition company, Altimar Acquisition Corp to form Blue Owl.[1][2][8]
In May 2021, the transaction was completed, and Blue Owl was listed on the New York Stock Exchange (NYSE).[9][10][6] 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.[1][2]
In October 2021, Blue Owl acquired Oak Street, a private equity real estate firm for $950 million.[11][12][13]
In December 2021, Blue Owl acquired Ascentium Group, a business development office based in Hong Kong.[14] This was done as part of its plans to expand in Asia.[14]
In October 2022, Bloomberg reported that Blue Owl intended to expand its offices in Greenwich, Connecticut and had opened an office in New Jersey.[15]
In July 2024, the firm agreed to purchase a private credit firm, Atalaya Capital Management.[16]
In October 2025, Meta Platforms, Inc formed a $27 Billion joint venture with Blue Owl for the development of a Hyperion data center for AI in Richland Parish, Louisiana.[17]
In November 2025, Blue Owl announced an agreement for merging its private fund Blue Owl Capital Corporation II ("OBDC II")[18] but later called off the merger after facing revolt from investors and falling stock price.[19]
In February 2026, Blue Owl announced it would permanently restrict investor withdrawals from its primary private retail debt fund, Blue Owl Capital Corp II. At the same time, the firm sold $1.4 billion in credit assets, representing 30% of its credit assets, to maintain liquidity for its investors.[20]
References
[edit]- 1 2 3 4 5 "Owl Rock, Dyal Capital to merge in $12 billion deal". Pensions & Investments. December 23, 2020.
- 1 2 3 4 5 6 7 Gottfried, Cara Lombardo and Miriam (December 23, 2020). "Owl Rock, Dyal Strike Deal to Combine and Go Public". Wall Street Journal.
- ↑ "Q4 2025 Results". Blue Owl Capital. February 10, 2025.
- 1 2 "Michael Rees: how a private equity chief turned the tables on his peers". Financial Times. July 22, 2021. Retrieved October 17, 2022.
- 1 2 "Lehman spinout profits from buying into buyout groups". Financial Times. January 4, 2019. Retrieved October 17, 2022.
- 1 2 3 Beltran, Luisa. "Blue Owl's Stock Will Rise This Year, Analyst Says". www.barrons.com. Retrieved October 17, 2022.
- 1 2 Wirz, Matt (February 13, 2020). "Behind the Rise of Owl Rock: Low Fees". Wall Street Journal. ISSN 0099-9660. Retrieved October 17, 2022.
- ↑ Gottfried, Cara Lombardo and Miriam (December 23, 2020). "Owl Rock, Dyal Strike Deal to Combine and Go Public". Wall Street Journal. ISSN 0099-9660. Retrieved October 17, 2022.
- ↑ "The Biggest IPOs of 2021". Morningstar, Inc. December 15, 2021. Retrieved October 17, 2022.
- ↑ Gottfried, Miriam (June 23, 2021). "Blue Owl, Newest Private-Equity Creation, Sees Wisdom in Simplicity". Wall Street Journal. ISSN 0099-9660. Retrieved October 17, 2022.
- ↑ "Blue Owl Capital to acquire Oak Street Real Estate Capital". Pensions & Investments. October 18, 2021. Retrieved October 17, 2022.
- ↑ "Oak Street Real Estate Capital To be Acquired by Blue Owl Capital". www.willkie.com. Retrieved October 17, 2022.
- ↑ Basak, Sonali (March 4, 2022). "Blue Owl Capital Plans London IPO of Dyal Assets". www.bloomberg.com. Retrieved October 17, 2022.
- 1 2 "Blue Owl buys Ascentium Group as part of Asia expansion". Pensions & Investments. December 13, 2021. Retrieved October 17, 2022.
- ↑ Wong, Natalie; Parmar, Hema; Kane, Lizzie (October 27, 2022). "Citadel, Blue Owl Expand in Connecticut in Bid to Cut Commutes". Bloomberg. Retrieved October 27, 2022.
- ↑ Basak, Sonali; Natarajan, Sridhar; Tan, Gillian (July 16, 2024). "Blue Owl to Buy Atalaya in Deeper Push Into Private Credit". Bloomberg. Retrieved July 17, 2024.
- ↑ Vanian, Jonathan (October 15, 2025). "Meta partners with Blue Owl Capital on $27 billion AI data center project". CNBC.com. CNBC. Retrieved February 18, 2026.
- ↑ "Blue Owl Capital Corporation and Blue Owl Capital Corporation II Announce Merger Agreement". www.blueowlcapitalcorporation.com. November 5, 2025. Retrieved February 20, 2026.
- ↑ Picker, Leslie (November 19, 2025). "Blue Owl calls off merger of its two private credit funds after announcement rattles stock". CNBC.com. Retrieved February 20, 2026.
- ↑ Gara, Antoine (February 18, 2026). "Blue Owl permanently halts redemptions at private credit fund aimed at retail investors". Financial Times. Retrieved February 19, 2026.
External links
[edit]- Official website
- Business data for Blue Owl Capital Inc.:
- 2021 establishments in New York (state)
- 2021 initial public offerings
- Alternative investment management companies
- American companies established in 2021
- Companies listed on the New York Stock Exchange
- Financial services companies based in New York City
- Investment companies based in New York City
- Private equity firms of the United States
- Publicly traded companies based in New York City
- Asset management companies