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EX - 99.1 2 d48311dex991.htm EX - 99.1 Exhibit 99.1 Blue Owl Capital Inc. Reports Second Quarter 2021 Results New York , New York , August 10 , 2021 - Blue Owl Capital Inc. ( " Blue Owl " ) ( NYSE : OWL ) today reported its financial results for the second quarter ended June 30 , 2021 . GAAP net loss attributable to Blue Owl Capital Inc. was $ ( 397.2 ) million , or $ ( 1.21 ) per basic and $ ( 1.23 ) per diluted Class A Share , for the quarter ended June 30 , 2021 . Adjusted Distributable Earnings were $ 108.4 million , or $ 0.09 per Adjusted Share , for the quarter ended June 30 , 2021 , and Adjusted Fee - related Earnings were $ 130.1 million , or $ 0.10 per Adjusted Share , for the quarter ended June 30 , 2021 . Doug Ostrover , CEO of Blue Owl , said : " We are pleased to report Blue Owl's strong financial results for the second quarter of 2021 . We continued to deliver differentiated investment performance to our fund investors and provided flexible capital solutions to our borrowers , sponsor partners and Partner Manager firms . Blue Owl reached $ 62.4 billion of assets under management during the quarter , reflecting an increase of 8 % from the prior quarter , and notably , 97 % of our management fees are from Permanent Capital . We continued to deploy capital at a robust pace , including a record $ 5.1 billion of gross deployment in Direct Lending during the quarter , and momentum remains high across the Blue Owl platform . " Dividend Blue Owl declared a quarterly dividend of $ 0.04 per Class A Share ( which represents a half - quarter dividend for 2Q'21 ) , payable on September 8 , 2021 to shareholders of record at the close of business on August 24 , 2021 . Quarterly Investor Call Details Blue Owl will host its second quarter 2021 investor call via public webcast on August 10 , 2021 at 8:30 a.m. ET . To register , please visit the Investor Resources section of Blue Owl's website at www.blueowl.com . For those unable to listen to the live broadcast , there will be a webcast replay available on the Investor Resources section of Blue Owl's website . Investor Contact : Ann Dai Head of Investor Relations owlir@blueowl.com Media Contact : Prosek Partners David Wells / Josh Clarkson pro-blueowl@prosek.com 1