Blue Owl Beats Q1 Profit Estimates as Assets Grow 15%
Blue Owl reported adjusted earnings of 19 cents per share as assets rose 15 percent. Growth in real assets helped offset weakness in private credit funds.
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BLUE OWL CAPITAL INC reported adjusted distributable EPS of 19 cents for the quarter ended March 31, beating analyst estimates of 18 cents. Assets under management (AUM) rose 15% to $314.9 billion, driven by $11 billion in new capital commitments. The results signal resilient fee-related income even as the firm's private credit segment faces increased redemption pressure and valuation headwinds.
