Blue Owl Capital

Our private markets breakfast series took center stage in London last week. Led by Tiffany A. Johnston and Cara Griffiths, this private markets roundtable featured insights from members of our GP Strategic Capital team. Over 20 investors joined the timely discussion covering key themes in public and private deal activity as well as the opportunities and challenges GPs are facing in a rapidly evolving industry. Thank you to all who attended. We look forward to seeing you later in the year for the next event in the series.

The 2024 Global Sales Meeting revved up like an F1 race! Private Wealth teams immersed themselves in themed strategy sessions and invaluable knowledge-sharing discussions. Over two action-packed days, we accelerated growth, explored innovation and fueled collaboration through engaging dialogue. Learn more about Blue Owl Private Wealth here: https://hubs.li/Q02hSJKy0

We believe early exposure to career possibilities is critical to leveling the playing field for students from underrepresented groups. Last month, Blue Owl Leads Together (BOLT) partnered with our Credit team to host a career discovery event with The TEAK Fellowship, a NYC-based non-profit that helps students from low-income families reach their full potential by gaining admission to top-tier high schools and colleges. Alongside Co-President & Head of Credit Craig Packer, our 40 BOLT volunteers: ✓ Led engaging career roundtables to showcase various career paths across different areas of our firm. ✓ Orchestrated an impactful speed networking session, fostering direct connections between students and professionals. ✓ Hosted a tour of our offices. Thank you to the organizers and volunteers who made this event a success. 

This week marks a new chapter in our firm’s history. With the close of our acquisition of Kuvare Asset Management and the official launch of Blue Owl Insurance Solutions, we’re entering our next phase of growth. Working seamlessly across our investment platforms, Blue Owl Insurance Solutions will combine our focused alternatives approach with expanded industry capabilities to broaden the range of services we provide to our insurance clients. Learn more here: https://lnkd.in/eH37Wapk

Excited to announce several key institutional hires to expand existing client coverage across Europe. Antonis Maggoutas, Antonia O'Connor, Leo Houtekamer and Johan Stromberg will join Michael Burns, CFA, Managing Director and Head of Institutional Business Development across EMEA.   James Clarke, Global Head of Blue Owl’s Institutional Business, said, “Michael is building out a stellar team to cover the highly sophisticated and diverse European market. As Blue Owl continues to scale our global institutional footprint, we approach each market with a focus on true partnership. We also ensure those on the ground are deeply knowledgeable and experienced in the unique needs and nuances of each market, fully understanding that a one-size-fits-all approach will not work. We look forward to what the team can accomplish in Europe over the long term.”   Read the full press release here: https://lnkd.in/eWW8Jvxm

Eighty employees. Two playgrounds. One mission.   Last month, our GP Strategic Capital team came together to restore two community playgrounds - the Anibal Aviles Playground in NYC and the Honor Oak Adventure Playground in London.   Thank you to everyone who helped create meaningful spaces for kids in the community to learn, grow and stay active.

Ready, set, serve!   Last week, over 80 of our partners and colleagues joined in an afternoon of friendly competition at our inaugural pickleball tournament. With a mix of new and seasoned players, everyone teamed up to battle it out for the gold.   Thank you to all who attended. We’re already looking forward to next year’s event!

The outlook for private credit is bright. Default rates are consistently running low. Risk-return ratios are favorable, and credit quality remains high for our new originations.   When we look at our credit platform, we’re seeing:  - Strength in underlying performance - Double-digit growth in revenue and EBITDA, on average - Signs of a soft landing and a persistent higher-for-longer environment Watch Co-CEO Marc Lipschultz’s interview on CNBC to learn more about his thoughts on the private credit market.

Throughout our BOLT (Blue Owl Leads Together) Month of Service, employees volunteered for 15 projects across our global offices, culminating in over 350 employees contributing to make a meaningful impact in the communities where we live and work. In just one month, our volunteers: ✓ Donated blood to help save lives ✓ Participated in community beautification and clean-up efforts ✓ Sorted and packed meals and professional clothing for those in need ✓ Engaged in workshops exposing high school and college students to various career paths ✓ Read to elementary school students ✓ Assembled care packages and toiletry kits for healthcare staff and families A special thanks to all who volunteered and our partner organizations, including New York Blood Center, DREAM, New York Cares, The Opportunity Network, New York Restoration Project, Cara Chicago, NJ LEEP, Community FoodBank of New Jersey, Kids In Crisis, LifeMoves, HandsOn London, Singapore Red Cross, Time Auction and SuitUp Incorporated.

How are current market dislocations shaping distressed debt opportunities, and which sectors and regions are expected to be the most promising in the upcoming cycle? Nicole Drapkin, Managing Director and Co-Head of Opportunistic Credit, explored these questions and more at Debtwire’s Private Credit Forum.