Blue Owl Capital

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

Dyal Capital was formed in 2011 by Michael Rees. It provided financing to hedge funds and private equity firms by acquiring minority interests in them.
Owl Rock Capital Group was founded in 2016. It was a middle market private credit direct lending firm that dealt with credit investments.
In December 2020, it was announced there would be a merger between Dyal Capital Partners and Owl Rock. The two firms combined with a special-purpose acquisition company, Altimar Acquisition Corp to form Blue Owl.
In May 2021, the transaction was completed and Blue Owl was listed on the New York Stock Exchange. 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.
In October 2021, Blue Owl acquired Oak Street, a private equity real estate firm for $950 million.
In December 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 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.
In July 2024, the firm entered into an agreement to purchase a private credit firm, Atalaya Capital Management.