Blue Owl Capital Co. III 11/6/2024 Earnings Report

Blue Owl Capital Co. III EPS Results

• Actual EPS: $0.41
• Consensus EPS: $0.40
• Beat/Miss: Beat by +$0.01
• One Year Ago EPS: N/A

Blue Owl Capital Co. III Revenue Results

• Actual Revenue: $129.04 million
• Expected Revenue: $122.32 million
• Beat/Miss: Beat by +$6.72 million
• YoY Revenue Growth: N/A

Blue Owl Capital Co. III Announcement Details

• Date: 11/6/2024
• Time: After Market Closes
• Conference Call Date: N/A
• Conference Call Time: N/A

Blue Owl Capital Co. III (NYSE:OBDE) (NYSE: OBDE) is a special purpose acquisition company (SPAC) sponsored by Blue Owl Capital Inc., a global alternative investment manager. Launched in 2023, OBDE is designed to identify and merge with a private company seeking access to public capital markets. The SPAC structure provides private businesses with an efficient route to public listing, leveraging the sponsor’s deep industry expertise and established investor relationships.

The sponsor, Blue Owl Capital, specializes in private credit, real estate, and GP stakes strategies, deploying capital across a diverse range of industries and geographies. Through OBDE, the company aims to target high-growth enterprises in North America that can benefit from Blue Owl’s credit underwriting capabilities and operational support. The SPAC is positioned to capitalize on the manager’s track record of structuring customized financing solutions and its extensive network of institutional investors.

OBDE’s leadership team comprises professionals drawn from Blue Owl’s senior ranks, including individuals with backgrounds in investment banking, private equity, and credit analysis. While specific details on the eventual business combination remain under confidentiality agreements, the SPAC’s objectives align with its sponsor’s mandate to back resilient companies with stable cash flows and strong growth prospects. Stakeholders can expect the SPAC to pursue a target that complements Blue Owl’s existing platform and enhances long-term value creation.