Full-Time
Associate – Strategy and Corporate Development
Blue Owl Capital
1,001-5,000 employees
Credit-focused alternative asset manager
Compensation Overview
$125k - $140k/yr
New York, NY, USA
In Person
Bachelor's
 Business & Strategy (1) |
|---|
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- A bachelor's degree in Finance, Mathematics, Engineering, Economics, or a related field is required.
- One to three years of experience in investment banking, private equity, or GP stakes is required, along with knowledge of the alternative asset management industry.
- Strong experience in financial modeling and valuation, with an excellent command of the deal process management cycle, is required.
- The candidate must be able to leverage artificial intelligence as a tool to drive efficiency.
- The candidate must be able to build complex financial models, diligence summaries, snapshots, and other formats to support decision-making.
- The candidate must be able to analyze complex financial and strategic issues and communicate findings effectively to the management team in writing, presentations, and verbally.
- Strong written and verbal communication skills are required.
- Advanced proficiency in Microsoft Excel and Microsoft PowerPoint is required.
- The candidate must be able to complete tasks thoroughly and on time, including under time pressures and outside normal working hours.
- The candidate must maintain appropriate levels of confidentiality and understand broad corporate impacts while focusing on company objectives.
- Support firmwide strategic initiatives, including asset management acquisitions, strategic investments, partnerships, and new business opportunities.
- Conduct extensive financial modeling, including valuation analysis and transaction structuring, to evaluate a wide range of business situations for strategic decision-making.
- Prepare valuation and other investment analyses supporting transaction activity.
- Develop presentation materials for internal transaction approval, pipeline review, and other governance processes.
- Collaborate with other business units on transaction execution and develop relationships and knowledge of finance, treasury, and legal functions.
- Manage strategic projects, develop implementation plans, and transition projects into business execution as appropriate.
- Demonstrated leadership qualities, intellectual curiosity, and strong initiative.
Blue 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.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2021
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Simplify's Take
What believers are saying
- Blue Owl raised $7.8 billion in Q2 2026 and $50.5 billion over twelve months.
- Second-quarter 2026 revenue reached $753 million; distributable earnings rose 9% year over year.
- Blue Owl priced $750 million of 6.750% notes on August 11, 2026, extending balance-sheet flexibility.
What critics are saying
- Blue Owl BDC’s Loparex loans hit non-accrual in Q2 2026 after a failed recapitalization.
- Blue Owl booked $62.4 million Walker Edison realized losses and $99.4 million unrealized markdowns in Q2 2026.
- CNN reported April 2, 2026 withdrawal limits after wealthy clients pulled back from Blue Owl credit funds.
What makes Blue Owl Capital unique
- Blue Owl’s permanent-capital platform spans credit, real assets, and GP strategic capital.
- Stack Infrastructure gives Blue Owl proprietary exposure to AI data-center development, like Culpeper, Virginia, on August 4, 2026.
- OREF Europe closed at €1.6 billion, proving European net-lease distribution and sourcing depth.
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Benefits
Performance Bonus
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 5%Blue Owl Technology Finance Corp. issued an additional $400 million of 6.500% notes due 2029 on 20 August 2026, bringing total outstanding notes to $900 million. The notes were sold at 98.657% of par and mature on 15 October 2029. The company will use proceeds to pay down existing debt, including amounts drawn under its senior secured revolving credit facility. The refinancing replaces shorter-dated, floating-rate borrowings with fixed-rate debt, though the 6.500% coupon represents a significant increase over the revolver's current spread. Separately, subsidiary Athena Funding IV LLC secured a new $250 million revolving credit facility on 14 August 2026. The facility bears interest at SOFR plus 2.25%, matures in August 2036, and includes a two-year reinvestment period.
Blue Owl Capital has priced a $750 million offering of 6.750% senior notes due 2036 through its indirect subsidiary Blue Owl Finance LLC. The notes will be guaranteed by Blue Owl and several of its subsidiaries. The company intends to use proceeds from the offering to repay part of its outstanding borrowings under its revolving credit facility. BofA Securities, Goldman Sachs and Morgan Stanley served as joint book-running managers for the offering. The notes were offered pursuant to an effective shelf registration statement filed with the US Securities and Exchange Commission. The offering remains subject to customary closing conditions. Blue Owl is an asset manager with $319 billion in assets under management as of June 2026, investing across credit, real assets and GP strategic capital platforms.
Hollyport maintains independence with stake sale to Blue Owl. Blue Owl has acquired a passive stake in the tail-end specialist, which will 'ultimately represent' approximately 25% of the economic interests of the firm. 59 seconds ago
Raleigh, N.C., retail property sells for $36Mln; gets $26.4Mln loan. Armstrong Capital Development has paid $36 million, or nearly $132/sf, for the 273,105-square-foot Townridge Shopping Center in Raleigh, N.C. The Greenwood Village, Colo., investment manager August 10, 2026 Sagard Real Estate has paid $91 million, or $14650/sf, for the 621,144-square-foot warehouse property at 7001 Quad Ave in the Baltimore suburb of Rosedale, Md The Denver investment manager bought the property from an affiliate of LBA Logistics of... August 10, 2026 South Florida Business Journal El-Ad National Properties has purchased the 99-room Sea Club Ocean Resort Hotel in Fort Lauderdale, Fla, for $5995 million, or $605,556/room The Boca Raton, Fla, developer acquired the property from Sea Club Ocean... August 10, 2026 South Florida Business Journal American Landmark Apartments has paid $648 million, or $302,804/unit, for the 214-unit Savona Grand apartment complex in Lake Worth Beach, Fla The Tampa, Fla, multifamily investor bought the property from affiliates of... August 10, 2026 New York Business Journal An affiliate of Phoenix Realty Group has purchased Dunwell Plaza, a 182-unit apartment building in Manhattan for $80 million, or $439,560/unit The locally based company bought the affordable housing property from L+M... August 10, 2026 Commercial Real Estate Direct Staff Report Los Angeles investors Danny Sooferian and Ramin Saghian have paid $6313 million, or $19544/sf, for the 323,016-square-foot Orange Center Tower office property in the Los Angeles suburb of Orange, Calif The... August 10, 2026 Post Brothers is offering for sale the 285-unit Poplar and 212-unit Darien apartment properties in Philadelphia's Poplar neighborhood, just north of the city's downtown, or Center City, area The local developer has tapped Newmark to... August 7, 2026 Commercial Property Executive CapRock Partners has paid $375 million, or $15316/sf, for Summit at Surprise, a 244,847-square-foot industrial property in Surprise, Ariz, about 21 miles northwest of Phoenix The Newport Beach, Calif, private equity... August 7, 2026 Commercial Property Executive Stack Infrastructure, Blue Owl Capital's data-center development arm, has paid $664 million for a 71-acre development site at 15140 Keyser Road in Culpeper, Va The Denver company acquired the property from RACM,... August 7, 2026 South Florida Business Journal An affiliate of Starwood Asset Management has paid $6375 million for a pair of affordable housing communities with a combined 310 units in the Miami area The Miami Beach, Fla, company paid $34 million, or... Recent. August 10, 2026 * Transactions * CMBS * Exec Changes August 10, 2026
Blue Owl Capital Corporation reported subdued investment activity in Q2, attributing the slowdown to depressed deal flow and a sharp decline in refinancing transactions. President Logan Nicholson said refinancing activity, which previously comprised 50% to 75% of quarterly volume, has "grind to a halt" amid spread widening. The lender reported $219 million in gross fundings against $747 million in repayments. Its portfolio fair value declined to $15.0 billion from $16.9 billion a year earlier. Blue Owl recorded $99.4 million in net unrealised losses, primarily from markdowns on Loparex Group loans moved to non-accrual. Second-lien loans were marked at 5 cents on the dollar, down from 63 cents. The lender also realised a $62.4 million loss on Walker Edison Furniture Company.