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NEW YORK - Blue Owl Capital Inc. (NYSE:OWL), a $28.74 billion market cap investment manager with a strong financial health rating according to InvestingPro, launched its first interval fund on Wednesday, securing $850 million in initial capital from global private wealth investors.
The Blue Owl Alternative Credit Fund (OWLCX) aims to provide individual investors access to alternative credit assets that have traditionally been available primarily to institutional investors. The fund will focus on the asset-based finance market, which Blue Owl estimates at $11.2 trillion. With impressive revenue growth of 31.81% over the last twelve months and a healthy current ratio of 2.31, Blue Owl demonstrates strong operational execution. For detailed analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro.
OWLCX is structured as a registered interval fund offering daily purchases with intended monthly distributions and quarterly liquidity through repurchase offers. The fund will invest in credit assets backed by contractual cash flows from financial and hard assets.
"With this launch, we’re opening the door for individual investors to access a market traditionally dominated by institutions," said Sean Connor, President & CEO of Global Private Wealth at Blue Owl.
The fund is managed by Blue Owl Alternative Credit Advisors II LLC, which has an investment team of over 65 professionals. According to the company, its Alternative Credit strategy has a nearly 20-year track record and has deployed over $24 billion across approximately 950 investments.
Blue Owl Capital manages approximately $284 billion in assets as of June 30, 2025, across three platforms: Credit, Real Assets, and GP Strategic Capital.
The fund involves substantial investment risks, including possible loss of principal. The company noted in its press release that past performance is not indicative of future results, and investment returns will fluctuate.
In other recent news, Blue Owl Capital Inc. reported its second-quarter 2025 earnings, showcasing a robust revenue performance that exceeded expectations. The company achieved revenue of $703.11 million, well above the anticipated $591.51 million, marking an 18.87% surprise. Earnings per share were in line with forecasts at $0.21. Additionally, Blue Owl Capital is nearing the completion of a $2.7 billion secondary transaction for its Dyal Capital Partners IV fund, which combines debt and equity financing. The deal involves transferring a portion of Blue Owl’s minority stakes in private asset managers into a newly created vehicle, raising $1 billion in equity. Wells Fargo maintained its Equal Weight rating on Blue Owl Capital, setting a price target of $13.00. They noted that Ideal Image was added to non-accrual status, a relatively small $13.4 million position. Furthermore, several portfolio companies experienced significant unrealized marks, including National Dentex.
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