On June 2, 2022, Blue Owl Capital Inc. announced the pricing of an offering of its Class A common shares.
Blue Owl Capital Inc. (“Blue Owl”) announced the pricing of the secondary offering of 10,698,180 shares of its Class A common stock. The shares are available to the public at a price of $11.50 per share and are underwritten by NBSH Blue Investments II, LLC (“NBSH”). NBSH has a 30-day option to purchase an additional 1,604,727 shares at the public offering price, less underwriting discounts. Blue Owl’s offering was expected to close on June 6, 2022, subject to customary closing conditions.
Blue Owl (NYSE: OWL), based in New York, is an alternative asset manager. Blue Owl had $102 billion of assets under management as of March 31, 2022. BofA Securities is acting as joint lead bookrunning manager for the offering.
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