BBlue Owl Capital operates as a leading alternative asset manager focused on credit markets. It offers credit-focused investment strategies managed by a team of investment professionals with diverse underwriting expertise across many industries. The product works by pooling investors’ capital into credit funds or customized accounts, where the investment team evaluates borrowers and structures, applies risk controls, and buys loans, bonds, and other credit instruments to build diversified portfolios that aim to generate returns. The company differentiates itself from competitors through a multi-perspective investment approach: each partner contributes a unique view on credit risk, creating a holistic assessment of opportunities and threats. Its goal is to deliver attractive risk-adjusted returns by actively managing credit portfolios across different market cycles.
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Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2021
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Total Funding
$8.3B
Above
Industry Average
Funded Over
9 Rounds
The passive minority investment will reportedly strengthen the Swiss private equity firm's balance sheet and support team expansion and alignment with LPs.
Databricks doubles space to 120K at Savanna's 5 Bryant Park. Data software firm touted growing AI hub at Midtown tower Databricks is doubling down at 5 Bryant Park less than a year after moving into the Midtown office tower. The data software firm announced it is set to expand its lease at the Savanna office tower to 120,000 square feet. The deal means Databricks will occupy five floors at the building. Other terms of the expansion - including duration, size and asking rent - were not disclosed. The Class A average asking rent in Midtown was $91.08 per square foot in the third quarter, according to Colliers data reported by the Commercial Observer. Representatives for Savanna and CBRE - which serves as the leasing representative at the property - did not respond to requests for comment. Other occupants of the 680,000-square-foot building include architectural firm HOK, food delivery platform Grubhub and payroll servicer CBIZ, the Observer reported. In December, Savanna secured a $510 million refinancing for the office tower from King Street Capital Management and Blue Owl Capital. The floating-rate loan retired a $463 million commercial mortgage-backed securities loan and helps fund improvements, including an amenity center and tenant spaces. The real estate investment firm had previously missed a required balloon payment on the debt, which matured last June, according to CRED iQ. Savanna took out the loan to finance its acquisition of the property; Savanna acquired the 34-story property from Blackstone in 2018 for $640 million. Chris Schlank and Nick Bienstock's Savanna has been an active trader in New York's office market. In June, it was in contract to sell a pair of properties around Madison Square Park to Kaufman Investments for a combined $125 million Also in June, Olmstead Properties snapped up a Midtown office building from Savanna for $108 million, a steep markdown from its last trade in 2017, The Real Deal learned. Last September, Savanna acquired the leasehold on Westbrook Partners' 444 Madison Avenue for $50 million, its third office property acquisition in New York in nine months. Databricks expanded its San Francisco footprint at 1 Sansome Street by 90,000 square feet with a new lease in March, bringing its total space in the Financial District tower to approximately 240,000 square feet.
Blue Owl Capital Inc. has raised its revolving credit facility to $3.225 billion and extended its maturity to October 14, 2031. The company disclosed the change in an 8-K filing on October 15, 2026. Its indirect subsidiary, Blue Owl Finance LLC, signed the amendment on October 14, 2026. The commitment can rise to $3.87 billion if certain conditions are met. The amendment also lowers borrowing costs. The margin on Term SOFR loans falls to 77.5–127.5 basis points from 87.5–137.5, and the commitment fee range drops to 7.0–16.5 basis points from 7.0–20.0. MUFG Bank, Ltd. remains administrative agent. The other terms are substantially unchanged.
Learn how Atlassian Ventures, CrowdStrike Falcon Fund, NTT Docomo Ventures, and others are investing in JumpCloud.
Ancient Capital appoints Imran Ahmed and Sonya Li to senior investment roles. Ancient Capital, the wholly owned asset management subsidiary of Ancient Financial, has announced the appointments of Imran Ahmed as Chief Investment Officer and Sonya Li as Managing Director. Both Ahmed and Li will report to Erich Schram, Chief Executive Officer of Ancient Financial and Ancient Capital, and will help lead and build out Ancient Capital's investment team. As Chief Investment Officer, Ahmed will oversee investments and portfolio construction for the asset management business, including the management and allocation of the platform's insurance balance sheet assets. He joins Ancient Capital from Silver Rock Capital Partners, where he was responsible for portfolio construction, risk management, and the sourcing and underwriting of investments across corporate, structured and asset-backed credit. Prior to that, Ahmed served as a Managing Director at Blackstone, where he worked for the Strategic Opportunities Fund. In her new role, Li will pursue direct investments, focusing on strategic investments and platform partnerships to support the growth of the business. She brings nearly two decades of experience in alternative credit, strategic transactions and platform growth. Li joins from Blue Owl Capital, where she was a Managing Director within the Office of the Co-CEOs and led strategic acquisitions, including Blue Owl's purchases of IPI Partners, Atalaya Capital Management and Prima Capital Advisors. The two hires follow a series of senior appointments since the firm's launch in March 2026, including Shannon O'Grady as Head of Capital Formation, Derrick Chin as Head of Operations, Steve Ruggeri as Head of Finance and Peter Celebucki as Vice President. Schram said, "Ancient Capital is a rare opportunity to build an investment platform without legacy constraints, with the discipline of an institutional balance sheet behind it. Imran and Sonya are exactly the caliber of investor we set out to attract when we formed this business. Between them, they bring decades of experience underwriting investments, constructing portfolios, and driving strategic transactions at some of the most respected institutions in our industry." Alexander Klabin, Chairman, Ancient Financial, added, "When we created Ancient Financial, we set out to build a platform with the institutional rigor and expertise to manage capital across insurance and asset management, and asked Erich to lead that vision. Imran and Sonya's track records speak for themselves, and I'm confident they'll play a central role in Ancient Capital's growth in the years ahead." In February 2026, Ancient Financial entered into a definitive agreement to acquire Bermuda-based life and annuity reinsurer F&G Re from a subsidiary of F&G Annuities & Life. The business will be renamed Ancient Re upon closing.
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Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2021
Find jobs on Simplify and start your career today