Analyst/Associate - Net Lease Real Assets

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.

With $330 billion in assets under management as of September 30, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with approximately 1,430 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com

Job Description

Blue Owl is seeking an Analyst/Associate investor to join the Real Assets Net Lease Investment Team with primary responsibilities for Tenant Credit Underwriting. Our Real Assets platform comprises a team of seasoned investment professionals with significant and diverse experience from some of the world’s leading investment firms and financial institutions.

We seek to provide our investors with attractive risk-adjusted returns by originating, executing, and managing single tenant, triple net lease investments.

Responsibilities:

• Analyze potential investment opportunities and engage in all aspects of due diligence / business analysis to develop and refine investment theses
• Complete due diligence including review of investment target information and data room, industry research, financial modeling, financial statement review, interaction with management, use of consultants, review of third party reports, etc.
• Prepare analysis and memorandums used for internal discussions and formal investment committee approval processes
• Participate in deal team discussions and presentations with investment committee
• Participate in the transaction closing, which includes legal documentation
• Perform ongoing due diligence and monitoring of portfolio companies; communicate updates to the investment committee and investors (orally and written)

Qualifications:

• 1-4 years of experience in investment banking (industry coverage, M&A, leveraged finance, but not required), private equity, or private credit
• Leverage AI as a tool to drive efficiency
• Strong oral and written communication skills with attention to detail
• Ability to self-direct, analyze, evaluate, and form independent judgments
• Strong interest in investing
• Team player with enthusiasm and intellectual curiosity to learn more
• Strong accounting and corporate finance knowledge, and financial modeling aptitude (required)

It is expected that the base annual salary range for this Chicago-based position will be $120,000 to $150,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance