OBDC
- Blue Owl Capital Corporation
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Overview
Company Summary
Blue Owl Capital Corporation (formerly Owl Rock Capital Corporation) is an alternative asset management firm that primarily focuses on credit investments. The company was formed through a merger between Owl Rock Capital Partners and Altimar Acquisition Corporation, resulting in a publicly traded entity listed on the New York Stock Exchange.
Blue Owl Capital Corporation engages in various investment activities, primarily focused on providing financing solutions to middle-market businesses. Their target market consists of companies that require debt capital for growth, acquisitions, recapitalizations, and other corporate purposes. They typically invest in the form of secured loans, unsecured loans, and other debt instruments.
The company operates through three main segments:
1. Direct Lending: Blue Owl provides direct loans to middle-market companies, offering flexible financing solutions tailored to the specific needs of their clients. This segment involves underwriting, originating, and managing credit investments.
2. Opportunistic & Private Credit: This segment focuses on investing in private credit strategies, including distressed loans, special situations, and opportunistic investments. Blue Owl seeks to take advantage of market inefficiencies and unique opportunities that can generate attractive risk-adjusted returns.
3. Asset Management: Blue Owl Capital Corporation also manages alternative investment vehicles, including business development companies (BDCs) and other funds. They offer investment products to institutional investors, high-net-worth individuals, and retail investors looking to access their credit-focused strategies.
In summary, Blue Owl Capital Corporation is an alternative asset management firm specializing in providing credit solutions to middle-market companies. Through direct lending, opportunistic credit investments, and asset management services, they aim to generate attractive risk-adjusted returns for their investors while supporting the growth and financial goals of their portfolio companies.