Sat, February 8, 2025
[ Sat, Feb 08th 2025 ]: techUK
AI Action Summit: Day 1
[ Sat, Feb 08th 2025 ]: MSN
The Week That Was: February 7, 2025
Fri, February 7, 2025
Thu, February 6, 2025

Blue Owl Capital Inc. (NYSE:OWL) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 6, 2025 Blue Owl Capital Inc. misses on earnings expectations. Reported EPS is $0.21 EPS, expectations were $0.214. Operator: Good morning, and welcome to the Blue Owl Capital's Fourth Quarter and Full Year 2024 Earnings Call.
The article provides a transcript of Blue Owl Capital Inc.'s Q4 2024 earnings call. During the call, CEO Marc Lipschultz and other executives discussed the company's performance, highlighting a strong quarter with significant growth in assets under management (AUM), which reached $165.9 billion, up 12% year-over-year. They attributed this growth to robust fundraising, particularly in their credit and GP strategic capital segments. Key points included a 24% increase in fee-related earnings, driven by higher management fees and performance revenues. The company also touched on strategic initiatives like expanding their direct lending platform and the acquisition of Kuvare Asset Management. Additionally, they provided updates on their financial health, with a focus on maintaining a strong balance sheet, liquidity, and their approach to capital allocation, including share repurchases and dividend policies. The call concluded with a Q&A session where analysts asked about market conditions, competition, and future growth strategies.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/blue-owl-capital-inc-nyse-owl-q4-2024-earnings-call-transcript/ar-AA1yAQdz ]