Blue Owl Profit Beats Estimates as AUM Hits 330 Billion
Blue Owl reported third quarter profit that topped analyst expectations driven by strong fee related earnings. Assets under management reached a record 330 billion dollars following robust capital raising.
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BLUE OWL CAPITAL INC posted third-quarter adjusted distributable earnings of 24 cents per share on Thursday, beating analyst estimates of 23 cents. The alternative asset manager benefited from higher fee-related earnings as total assets under management reached a record $330 billion. The earnings beat comes as private credit firms face heightened scrutiny over potential loan defaults tied to AI infrastructure spending.
