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Blue Owl Capital Inc. to Present at the 2025 RBC Capital Markets Financial Institutions Conference
Prnewswire· 2025-02-28 13:30
NEW YORK, Feb. 28, 2025 /PRNewswire/ -- Blue Owl (NYSE: OWL) ("Blue Owl") today announced that Doug Ostrover, co-CEO, will present at the 2025 RBC Capital Markets Financial Institutions Conference on Wednesday, March 5, 2025 at 12:20 pm ET. Listeners can join a live webcast of the presentation via the Shareholders section of Blue Owl's website at www.blueowl.com. For those unable to listen to live, a replay will be available. About Blue Owl Blue Owl (NYSE: OWL) is a leading asset manager that is redefining ...
Blue Owl Capital: Holding Until At Least 2033
Seeking Alpha· 2025-02-10 13:16
Group 1 - The average holding period for stocks has significantly decreased from around eight years in the 1950s and 1960s to just months today [1] - The data regarding the decline in holding periods is sourced from Joseph Jones, a professor with over fifteen years of market study experience [1] Group 2 - Joseph Jones focuses on portfolio construction from a dividend growth investor's perspective [1] - The insights expressed in Jones's research are his own and do not represent the views or financial interests of his employer [1]
Blue Owl Capital (OWL) - 2024 Q4 - Earnings Call Transcript
2025-02-06 17:58
Financial Data and Key Metrics Changes - The company reported fee-related earnings (FRE) of $0.23 per share for Q4 2024 and $0.86 per share for the full year, representing a 26% growth year-over-year [5][38] - Distributable earnings (DE) were $0.21 per share for Q4 2024 and $0.77 per share for the full year, reflecting a 22% increase [5][38] - Management fees increased by 30%, with 91% derived from permanent capital vehicles [37] Business Line Data and Key Metrics Changes - In credit, gross and net originations for direct lending were over $13 billion and $2 billion for Q4 2024, respectively [22] - The company raised $4.3 billion in credit during Q4, with $3.1 billion from direct lending strategies [39] - In GP stakes, the AUM of partner managers increased by approximately 11% in 2024, with significant interest from managers seeking growth capital [28] Market Data and Key Metrics Changes - The company raised a total of $27.5 billion in equity for 2024, a 75% increase from 2023, and over $47 billion including debt [9][38] - Private wealth fundraising was strong, with nearly $4 billion raised in Q4 and over $13.5 billion for the year, a 50% year-over-year increase [18][20] - Institutional fundraising doubled from the prior year, contributing to half of the total capital raised [20] Company Strategy and Development Direction - The company focuses on innovation, diversification, and scale, with strategic acquisitions in alternative credit and digital infrastructure [12][13] - Plans to expand global distribution and introduce new strategies and product structures to enhance value for institutional and private wealth clients [14][15] - The company aims to be a consolidated manager in the alternatives industry, leveraging its scale and permanent capital [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2025, anticipating a more favorable M&A environment and continued strong fundraising [58][70] - The company views the current year as a strong baseline for future growth, despite a tepid M&A market [59][61] - Management highlighted the importance of maintaining high-quality earnings through permanent capital and robust fundraising [45][52] Other Important Information - The company declared a dividend of $0.18 per share for Q4 2024 and announced an annual fixed dividend of $0.90 for 2025, a 25% increase from the prior year [5][6] - The merger of Owl BDC and Owl BDE created the second largest publicly traded BDC with approximately $21.5 billion in AUM [16] - The company is working towards the merger of OTF and OTF II, expecting to have the largest technology-focused BDC in the market [16][92] Q&A Session Summary Question: Gross to net deployment focus in credit - Management indicated that gross to net deployment reflects the strength of the business, with a strong origination year despite a tepid M&A environment [56][58] Question: Fundraising outlook for 2025 - Management expressed bullish expectations for fundraising in 2025, driven by flagship products and new wealth strategies [68][72] Question: Expense growth and operational efficiency - Management acknowledged a 41% increase in G&A expenses, attributing it to merger costs and investments in growth, while maintaining guidance for FRE margins [79][85] Question: BDC merger timelines and growth strategies - The merger of OTF and OTF II is on track to close in early Q2, with expectations for two publicly traded BDCs to grow through equity and debt capital raising strategies [92][95] Question: Real assets fee rate and impact of acquisitions - Management confirmed that the acquisition of IPI is fully reflected in AUM and fee-paying AUM, with expectations for a slight increase in fee rates [103][104] Question: Near-term deployment pipelines and competitive spreads - Management noted stable spreads and a good level of activity in the M&A pipeline, with optimism for increased activity in 2025 [119][120] Question: Alternative credit product positioning - Management highlighted their advanced capabilities in alternative credit, emphasizing a strong track record and positive reception for new products [130][132] Question: Data centers growth opportunities - Management expressed confidence in the data center market, viewing trends like AI adoption as beneficial for their strategy [141][143]
Blue Owl Capital (OWL) - 2024 Q4 - Earnings Call Presentation
2025-02-06 15:50
February 6, 2025 Blue Owl Capital Inc. Fourth Quarter 2024 Earnings Disclosures About Blue Owl Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives. With over $250 billion in assets under management as of December 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, indivi ...
Blue Owl Capital Inc. (OWL) Q4 Earnings Match Estimates
ZACKS· 2025-02-06 14:16
Blue Owl Capital Inc. (OWL) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.20 per share when it actually produced earnings of $0.20, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Blue Owl Capital, which belongs to ...
Blue Owl Capital (OWL) - 2024 Q4 - Annual Results
2025-02-06 12:01
February 6, 2025 Blue Owl Capital Inc. Fourth Quarter 2024 Earnings Disclosures About Blue Owl Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives. With over $250 billion in assets under management as of December 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capit; strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual in differentiated alternativ ...
Blue Owl Capital Inc. Fourth Quarter 2024 Results
Prnewswire· 2025-02-06 12:00
NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE:OWL) ("Blue Owl") today reported its financial results for the fourth quarter ended December 31, 2024."2024 was a year of new highs for Blue Owl – we reported record fundraising and deployment, ending the year above $250 billion dollars of AUM. These achievements reflect the ongoing diversification of our business, which stem from product innovation and strategic M&A, positioning Blue Owl for continued success in an evolving alternatives mar ...
Blue Owl to Present at the Bank of America 2025 Financial Services Conference
Prnewswire· 2025-01-21 13:30
NEW YORK, Jan. 21, 2025 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE: OWL) ("Blue Owl") today announced that Doug Ostrover, co-CEO, will present at the Bank of America 2025 Financial Services Conference on Tuesday, February 11, 2025 at 11:20 am ET.A live webcast of the presentation will be available on the Shareholders section of Blue Owl's website at ir.blueowl.com. For those unable to listen to the live webcast, a replay will be available shortly after the event.About Blue OwlBlue Owl (NYSE: OWL) is a lead ...
Trillium Flow Technologies Successfully Completes Refinancing
Prnewswire· 2025-01-13 14:00
STAMFORD, Conn., Jan. 13, 2025 /PRNewswire/ -- Trillium Flow Technologies ("Trillium"), a portfolio company of First Reserve, and a global designer, manufacturer, and aftermarket services provider of highly engineered valves and pumps used in critical infrastructure sectors such as nuclear power, water, wastewater, and industrial processing, is pleased to announce the successful completion of its refinancing in December 2024.The refinancing provides Trillium with extended maturity, enhanced liquidity, impro ...
Blue Owl Capital Expands Tennis Player Sponsorship to All Grand Slam Tournaments in 2025
Prnewswire· 2025-01-12 12:30
Blue Owl to place logo patches on dozens of athletes competing across the Australian Open,French Open, Wimbledon, and US Open Jordan Thompson named as Blue Owl's dedicated athlete ambassador for the Australian Open NEW YORK, Jan. 12, 2025 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced today a marquee sponsorship agreement to expand their presence at all Grand Slam tournaments in 2025 and become the exclusive financial services partner for profe ...