Blue Owl Capital Inc. · NYSE:OWL
Blue Owl Capital — Merger or Acquisition (October 2024)
12 slides from Blue Owl Capital's merger presentation, October 2024
Slide 1: Blue Owl Expands Digital Infrastructure Capabilities with Acquisition of IPI’s Business
Blue Owl Expands Digital Infrastructure Capabilities with Acquisition of IPI’s Business October 2024
Slide 2: Disclosures
Disclosures About Blue Owl Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL) is a leading asset manager that is redefining alternatives. With over $192 billion in assets under management as of June 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate.
Slide 3: Disclosures
Disclosures Important Notice No representations or warranties, express or implied are given in, or in respect of, this presentation. To the fullest extent permitted by law, in no circumstances will Blue Owl or any of its subsidiaries, stockholders, affiliates, representatives, partners, directors, o
Slide 4: IPI – A Leading Player in the Rapidly Growing Digital Infrastructure Economy
IPI – A Leading Player in the Rapidly Growing Digital Infrastructure Economy IPI Has Become One of the Largest US-Based Hyperscaler CapEx Continues to Grow Data Center Owners and Operators 200 Meaningfully2 2,352 180 160 140 1,533 120 100 80 ~950 60 40 20 0 2017 2023 2024 2025E Digital Realty Equini
Slide 5: IPI By The Numbers
IPI By The Numbers IPI AUM Growth Reflecting Strong IPI LP Base – Well-Diversified… 12 Investor Demand for Data Center Assets Sovereign Wealth Fund 8% 9.2 4% Public Pension 24% 9 5% Family Office 6 Insurance 12% 3 1.7 Private Pension 24% Endowment/ Foundation 23% 0 $bn 2019 2023 Other …And Globally-
Slide 6: Transaction Summary
Transaction Summary Blue Owl to acquire IPI Partners, LLC’s business (“IPI”) for consideration of approximately $1 billion. ❑ The consideration will be comprised of approximately 80 percent Blue Owl equity and approximately 20 percent cash. ❑ IPI had approximately $10.5 billion of AUM and approximat
Slide 7: Strategic Rationale
Strategic Rationale Expands Blue Owl’s presence in a rapidly growing, multi-trillion dollar digital infrastructure market with significant capital needs Combines the advantages of Blue Owl’s scaled ecosystem with IPI’s leading position, proven record, and proprietary sourcing and development capabil
Slide 8: Rapid Growth and Innovation in the Digital Ecosystem Drives Immense Demand for Data Centers
Rapid Growth and Innovation in the Digital Ecosystem Drives Immense Demand for Data Centers Demand for Data Centers Continues to Grow The Emergence of Hyperscalers • Data center demand is expected to continue to increase due to • Hyperscale computing refers to the facilities and provisioning require
Slide 9: Substantial Capital Required to Fund Increasing Data Center Capacity Needs
Substantial Capital Required to Fund Increasing Data Center Capacity Needs Capacity Ramp Over Time Since IPI’s inception, capacity needs have ramped and evolved significantly. As tenants moved from initially leasing single data halls to leasing entire campuses today. 100MW campuses may now require o
Slide 10: IPI Is Empowering Innovation and Digital Transformation
IPI Is Empowering Innovation and Digital Transformation $15.7T 14% ~$1.5T Contributed to the Global Increase in Global GDP Capital Investment to Economy by 2030 by 2030 Build & Fit Out Data Centers, Next 5 Years AI sits at the intersection of the transformational growth driven by two of the largest
Slide 11: IPI’s Scale and Technical Expertise Make It A Partner of Choice for Hyperscalers
IPI’s Scale and Technical Expertise Make It A Partner of Choice for Hyperscalers Capabilities Scale • Subject Matter Expertise and deep relationships Scale Sites – increasingly larger sites, local expertise and existing relationships provide advantage in supply • Advanced Site Selection through an e
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