Latest news with #BlueOwlCapitalInc
Yahoo
28-05-2025
- Business
- Yahoo
Blue Owl Invests Additional $750M in AI Data Center Joint Venture
On May 28, Blue Owl Capital Inc. (NYSE:OWL), Chirisa Technology Parks (CTP), and PowerHouse Data Centers have finalized a $750 million transaction, marking a key phase in their $5 billion joint venture focused on AI/HPC data center development. Initially launched in August 2024, this partnership aims to establish turnkey AI infrastructure, supporting CoreWeave and other hyperscale and enterprise customers. A financial planner pointing to a graph of investment trends, demonstrating the company's expertise. The partnership is currently developing a 350-acre campus in Chesterfield, VA, where construction began in 2024 for an initial 120MW of new critical facilities. These facilities will support CoreWeave, one of the fastest-growing cloud infrastructure providers for AI workloads. Delivery is scheduled for 2025 and 2026. The campus features cutting-edge design standards. It is built specifically for dense GPU clusters and advanced computing technologies required for large-scale AI customers. It integrates CTP's proprietary 'direct-on-chip' liquid cooling design, which is almost twice as energy efficient as traditional air-cooled systems. 'This is another pivotal milestone in our $5 billion strategic partnership with CTP and PowerHouse,' said Marc Zahr, Global Head of Real Assets at Blue Owl. 'We're delivering on our vision to create foundational infrastructure for the next generation of AI-native cloud companies like CoreWeave.' Despite its strong market potential, the partnership faces investment risks such as high capital expenditure, an extended project timeline stretching into 2026, and dependence on CoreWeave's continued success in AI adoption. However, its ability to efficiently deliver turnkey solutions positions it well for sustained long-term growth. Chirisa Technology Parks (CTP) specializes in AI/HPC data center deployments, managing over 500,000 SF of built capacity with a 1.6 GW pipeline in development. PowerHouse Data Centers, owned by American Real Estate Partners (AREP), leads next-gen hyperscale development, rapidly expanding across six major U.S. markets. Blue Owl Capital Inc. (NYSE:OWL) is an American alternative investment management firm. It offers flexible, long-term capital solutions through diversified platforms such as direct lending, credit strategies, GP strategic capital, and real assets. The company works with institutional investors, financial advisors, and alternative asset managers, providing tailored financing for mid-market companies and other borrowers. While we acknowledge the potential of Blue Owl Capital Inc. (NYSE:OWL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than OWL and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-04-2025
- Business
- Yahoo
Blue Owl Capital Inc. to Announce First Quarter 2025 Results
NEW YORK, April 3, 2025 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE: OWL) ("Blue Owl") today announced it will release its financial results for the first quarter ended March 31, 2025 on Thursday, May 1, 2025 before market open. Blue Owl invites all interested persons to its webcast / conference call at 10 a.m. Eastern Time to discuss its results. Conference Call Information: The conference call will be broadcast live on the Shareholders section of Blue Owl's website at Participants are also invited to access the conference call by dialing one of the following numbers: Domestic (Toll Free): +1 (888) 330-2454 International: +1 (240) 789-2714 Conference ID: 4153114 All callers will need to enter the Conference ID followed by the # sign and reference "Blue Owl Capital" once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected. Replay Information: An archived replay will be available via a webcast link located on the Shareholders section of Blue Owl's website. About Blue Owl Capital Inc. 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, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation. Together with over 1,100 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit Investor ContactAnn DaiHead of Investor Relationsblueowlir@ Media ContactNick TheccanatPrincipal, Corporate Communications & Government View original content: SOURCE Blue Owl Capital
Associated Press
24-03-2025
- Business
- Associated Press
Blue Owl Capital Hires Robert Campkin as Part of European Net Lease Strategy
Robert brings nearly 30 years of commercial real estate experience along with deep corporate relationships across EMEA, Asia and North America. NEW YORK, March 24, 2025 /PRNewswire/ -- Blue Owl Capital Inc. ('Blue Owl') (NYSE: OWL), a leading alternative asset manager, announced today the hiring of Robert Campkin as part of the Company's European Net Lease Strategy. Robert will join as a Managing Director based in London. Prior to joining Blue Owl, Robert spent six years at Colliers as Head of Corporate Capital Solutions EMEA. In this role, he successfully built a cross border international team of experts based in the UK, Germany and Netherlands. During his tenure, Robert specialized in advising corporate organizations on sale and leaseback, build to suit, forward funding strategies and capital solutions, transacting over €2 billion in deal volume. Robert previously served in a range of roles across investment management, capital markets and corporate real estate firms including Swiss-Asia, Pepper Financial Services Group, JLL and Cushman & Wakefield. Marc Zahr, Global Head of Real Assets at Blue Owl said, 'Rob built one of the industry's most credible and recognizable corporate capital markets teams and will bring with him an extensive network of global corporate client relationships. Supported by our market-leading US net lease business, Rob's disciplined approach to real estate will be highly value-additive to our investors and corporate counterparties. He will serve as an integral component as we build out the European net lease platform adding to the recent hires Blue Owl has made in the market over the past year.' Robert Campkin said, 'Having known Marc and his team for years, I am consistently impressed with the success of Blue Owl's net lease business which maintains a market-leading presence in the US and one of the best track-records in triple net real estate investing. I am honored to build on this foundation and leverage my extensive experience and relationships to emulate Blue Owl's North American success in the European market. I look forward to working closely with Marc as well as my European-based colleagues Jamie Rotchford and Alex Solomon.' Blue Owl's Net Lease investment strategy focuses on acquiring single-tenant, free-standing properties primarily across the industrial, healthcare, essential retail, and data center sectors that are net-leased, long-term, to investment grade and creditworthy tenants. This combination seeks to create predictable cash flow from long-term rents on mission-critical properties in our effort to provide investors with a combination of current income and appreciation, with limited downside risk. 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, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation. Together with over 1,100 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit Forward Looking Statements Certain statements made in this release are 'forward looking statements' within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words 'estimates,' 'projected,' 'expects,' 'anticipates,' 'forecasts,' 'plans,' 'intends,' 'believes,' 'seeks,' 'may,' 'will,' 'would,' 'should,' 'future,' 'propose,' 'target,' 'goal,' 'objective,' 'outlook' and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl's shares on the New York Stock Exchange; Blue Owl's ability to manage growth; Blue Owl's ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors. Investor Contact Media Contact Nick Theccanat
Bloomberg
17-03-2025
- Business
- Bloomberg
KKR Veteran Joins Blue Owl to Lead Global Family Office Push
A former executive at KKR & Co. 's global wealth unit has joined rival alternative asset giant Blue Owl Capital Inc. to expand its offering to the world's ultra-wealthy. Blake Shorthouse is joining the New York-based firm as global head of family capital, according to a statement Monday. He will be based in London and report to James Clarke, global head of Blue Owl's institutional business.
Bloomberg
03-03-2025
- Business
- Bloomberg
Blue Owl Gathers $1 Billion After Pitching an Unusual Sweetener
Blue Owl Capital Inc. gathered at least $1 billion of commitments after pitching an unorthodox incentive to anchor investors in a strategy backing asset-shuffling private equity deals. The alternative asset manager had been looking for at least $750 million in early commitments from institutions such as endowments and pensions for its first Strategic Equity fund, according to people with knowledge of the matter. That strategy invests in continuation funds, which buy assets from existing vehicles to cash out early investors and extend the holding period.
