Blue Owl Capital Corporation · NYSE:OBDC
Blue Owl Capital — Owl Rock Capital Corp II — SPAC Merger (December 2020)
15 slides from Blue Owl Capital's SPAC merger presentation, Dec 23, 2020
Slide 1: Disclaimers
Disclaimers This Investor Presentation is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any equity, debt or other financial instrument of any of Owl Rock, Dyal or the Company in any jurisdiction in which t
Slide 2: Important Information
Important Information Uniess otherwise indicated the Report Date references 820202, st petermane ot gud fate ets anit nde expt raed evn, Pasi ele an mari conta ay nec an tng cndtn may ‘Assets Under Management CAUM) i caleulte as the sum ofthe Lota assets managed, undrawn debt (at he product evel inc
Slide 3: Transaction & Blue Owl Governance Summary
Transaction & Blue Owl Governance Summary Key transaction terms Owl Rock Capital Group (“Owl Rock”) and Dyal Capital Partners (“Dyal”) have signed a definitive agreement to combine The combined business will be the surviving entity in a merger with a special purpose acquisition corporation (a “SPAC”
Slide 4: Implications for Owl Rock BDCs
Implications for Owl Rock BDCs
Slide 5: Implications for Owl Rock BDCs
Implications for Owl Rock BDCs The closing of the merger will result in a deemed change in control of the advisor(s) to Owl Rock’s managed BDCs (the “Owl Rock BDCs”) As a result, shareholders of Owl Rock’s managed BDCs, as applicable, will be asked to approve an amended and restated investment advis
Slide 6: III. Blue Owl Platform Highlights
III. Blue Owl Platform Highlights
Slide 7: Strategic Benefits of Blue Owl: A Leading Provider of GP Solutions
Strategic Benefits of Blue Owl: A Leading Provider of GP Solutions Note: Metrics based on Owl Rock AUM as of 9/30/20 and Dyal AUM as of 11/30/20; Dyal AUM includes $1.4bn of closed commitments from Fund V Blue Owl Direct Lending Platform AUM: $23.7bn GP Capital Solutions AUM: $23.3bn Founded in 2016
Slide 8: Blue Owl is a Preeminent Provider of Private Market GP Solutions
Blue Owl is a Preeminent Provider of Private Market GP Solutions Deep relationships facilitate a differentiated ecosystem to deliver GP solutions Note: Metrics based on Owl Rock AUM as of 9/30/20 and Dyal AUM as of 11/30/20 (1) Includes closed commitments from Fund V of $1.4bn as of November 2020 BR
Slide 9: Senior Leadership
Senior Leadership Doug Ostrover CEO Co-Founder and CEO of Owl Rock Capital Partners and a member of the Advisors’ Investment Committee Co-CIO of Owl Rock Capital Advisors Prior to founding Owl Rock, was one of the founders of GSO Capital Partners and a Senior Managing Director at Blackstone 25+ year
Slide 10: Senior Leadership
Senior Leadership 238 Doug Ostrover Marc Lipschultz Michael Rees Alan Kirshenbaum CEO Co-President Co-President CFO + Co-Founder and CEO of + Co-Founderand President * Managing Director and + C00 & CFO of Owl Rock Owl Rock Capital Partners (of Owl Rock Capital Head of Dyal Capital Capital Partners,
Slide 11: Direct Lending Key Highlights
Direct Lending Key Highlights Blue Owl is one of the leading direct lending platforms managed by a seasoned executive team Scale Robust proprietary deal flow driven by an extensive network of sponsors Significant backing from highly sophisticated investors Deep bench of experienced investment profes
Slide 12: Direct Lending Platform Breakdown
Complementary verticals that leverage existing origination and underwriting functions Direct Lending Platform Breakdown Note: As of 9/30/20. Past performance is not a guarantee of future results (1) Represents the total capital commitments provided by investors, the total accepted by ORCC III is a l
Slide 13: GP Capital Solutions Key Highlights
GP Capital Solutions Key Highlights Blue Owl is a leading provider of capital solutions to private markets managers Long-Term Partner Permanent capital enables formation of stable, value-added partnerships 34-person Business Services Platform team collaborates with partner managers to achieve their
Slide 14: GP Capital Solutions Platform Breakdown
Complementary strategies providing a range of solutions to capital-constrained ecosystems GP Capital Solutions Platform Breakdown Existing strategies Newly launched strategies Alternative manager Gp stakes Private equity GP Financing Co-investments & structured equity Professional Sports minority St
Slide 15: GP Capital Solutions | Platform Breakdown
GP Capital Solutions | Platform Breakdown ¥ Complementary strategies providing a range of solutions to capital-constrained ecosystems, EXISTING STRATEGIES NEWLY LAUNCHED STRATEGIES ALTERNATIVE MANAGER | PRIVATE EQUITY GO-INVESTMENTS & | PROFESSIONAL SPORTS GP STAKES GP FINANCING STRUCTURED EQUITY |
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