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Owl Rock Capital
Owl Rock Capital was established in 2016 by Doug Ostrover, Marc Lipschultz, and Craig Packer — three veterans of the leveraged-loan and private-credit markets.
Owl Rock Capital
Owl Rock Capital was established in 2016 by Doug Ostrover, Marc Lipschultz, and Craig Packer — three veterans of the leveraged-loan and private-credit markets. Ostrover previously co-founded GSO Capital Partners, a credit-focused asset manager that became part of Blackstone. The firm operates as a pure direct-lending platform, not a multi-strategy fund. The firm originates senior secured loans, unitranche facilities, and second-lien debt to middle-market companies across industries. Owl Rock typically leads transactions and holds loans to maturity or syndicates selectively. Its known portfolio includes investments in companies such as Centennial Plastic Surgery, The American Bottling Company, and Project Fusion — a data-center operator. Geographically, the firm lends to businesses based in North America, with occasional exposure to European credits through syndication. Owl Rock employs roughly 120 professionals across its New York headquarters, with additional offices in Chicago and Conshohocken, Pennsylvania. The firm operates as part of Blue Owl Capital, a public asset manager (NYSE: OWL) that also houses Oak Street Real Estate and Dyal Capital Partners. In June 2023, Owl Rock closed Owl Rock Capital Fund V at $6.3 billion in committed capital (per Blue Owl regulatory filing, June 2023). Owl Rock's structural differentiator lies in its permanent capital base: the firm's investment vehicles are structured as evergreen vehicles, eliminating the need to fundraise for each new fund. That capital stability allows Owl Rock to hold illiquid loans during market stress and to underwrite transactions that shorter-dated funds cannot.
General information
Firm type
Credit (Direct Lending)
Year founded
2016
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
Chicago, IL, United States · Conshohocken, PA, United States
Principals
Doug Ostrover
Chief Executive Officer
Marc Lipschultz
Co-President
Craig Packer
Co-President
Alan Kirshenbaum
Chief Financial Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Owl Rock Capital?
Doug Ostrover serves as CEO and oversees the firm's overall strategy. Marc Lipschultz and Craig Packer are Co-Presidents and share responsibility for investment committee decisions. All three co-founded the firm in 2016.
How does Owl Rock source proprietary deal flow?
Owl Rock originates loans directly through its team of roughly 120 professionals, focusing on middle-market companies that require capital for buyouts, growth, or refinancing. The firm leverages relationships built by its founders during their tenure at GSO Capital Partners and other credit platforms.
What investment stages does Owl Rock typically target?
Owl Rock focuses on direct lending to middle-market companies, generally at the sponsor-backed buyout, recapitalization, or growth stage. It does not make venture-stage or early-growth equity investments.
Which sectors does Owl Rock explicitly avoid?
The firm's public filings and marketing materials do not list banned sectors. Its known loan portfolio includes healthcare, consumer products, and data-center names, but no sector exclusions have been disclosed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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