Mar 31, 2022

Blue Owl Capital Q1 2022 Earnings Report

Blue Owl demonstrated robust growth, driven by the stability of permanent capital and strong demand for income-oriented strategies.

Key Takeaways

Blue Owl Capital reported strong first-quarter results, with assets under management growing 76% year-over-year to $102 billion. The company experienced significant growth in retail fundraising and FRE Management fees increased 51% year over year.

Assets under management grew 76% year-over-year to $102 billion.

Retail fundraising experienced 172% year-over-year growth to $2.2 billion.

FRE Management fees increased 51% year-over-year.

The company is well-positioned in the face of a rising interest rate environment.

Total Revenue
$276M
Previous year: $108M
+155.0%
EPS
$0.11
Previous year: $0.123
-10.7%
Gross Profit
$82.1M
Previous year: $60.2M
+36.3%
Cash and Equivalents
$186M
Free Cash Flow
$74.8M
Total Assets
$102B
Previous year: $52.5B
+94.3%

Blue Owl Capital

Blue Owl Capital

Forward Guidance

Blue Owl is poised to meaningfully scale our business across Direct Lending, GP Capital Solutions, and Real Estate, investing in origination and distribution capabilities to drive Blue Owl to the next level in our evolution as a firm.