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Other - AUGUST 5, 2024

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Blue Owl co-CEOs highlight exceptional fee growth in second-quarter earnings

by Andrea Zander

Blue Owl Capital’s assets under management stood at $192.2 billion at the end of the second quarter, reflecting a 28 percent year-over-year increase from $149.6 billion. 

 "Blue Owl continues to demonstrate exceptionally strong and stable growth, with LTM management fee growth exceeding 20 percent year-over-year in every quarter we've been public. The second quarter of 2024 was very active, with record levels of deployment, strong pipelines and robust fundraising across a growing array of strategies and products," said Doug Ostrover and Marc Lipschultz, co-CEOs of Blue Owl. "We recently announced our agreement to acquire Atalaya Capital Management's business, instantly expanding and scaling our capabilities in alternative credit and asset-based finance capabilities, a multitrillion-dollar market with a long runway for growth. Atalaya is a high-qua

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