US middle-market direct lending strategy originating senior secured loans, predominantly first-lien unitranche, to sponsored and non-sponsored companies. Diversified across more than 350 borrowers with a low loan-to-value, upper-middle-market focus.
Key figures
Net assets$19.1B
Total assets$36.9B
Leverage1.93×
Target TWR8–11%
Underlying companies347
Average EBITDA$297M
Strategy
Fund typeDirect
Asset classPrivate Credit
StrategyDirect Lending
Deal typeprimary
Target geographyUnited States
Market segmentMid-market
SectorsOther Industries, Healthcare Providers And Services
Leverage ratio0.8x
BenchmarkSOFR+500bps
Fund management team
Douglas I. Ostrover
Blue Owl Capital
Marc S. Lipschultz
Blue Owl Capital
Jonathan Lamm
Chief Financial Officer and Chief Operating Officer · Blue Owl Capital
Alexis Maged
Technology Lending Investment Committee Member · Blue Owl Capital