Form 4: Dyal Capital SLP LP Disposes of 1,020,000 Blue Owl Capital Shares in Non-Cash Transaction

Dyal Capital SLP LP reports the disposition of 1,020,000 Class D Shares of Blue Owl Capital Inc. to Dyal Partners in a non-cash transaction.

Summary

• Dyal Capital SLP LP ('Dyal SLP') filed a Form 4 disclosing a transaction involving Blue Owl Capital Inc. ('Issuer') securities on September 13, 2024.
• Dyal SLP disposed of 1,020,000 Class D Shares of Blue Owl Capital Inc. to certain Dyal Partners for no consideration.
• The transaction also involved an equal number of Blue Owl Operating Group Units, each consisting of one common unit of Blue Owl Capital Carry LP and one common unit of Blue Owl Capital Holdings LP.
• Following the transaction, Dyal SLP continues to beneficially own 138,802,709 Class D Shares and an equal number of Blue Owl Operating Group Units.
• These securities are held directly by Dyal SLP on behalf of limited partners, including Michael Rees, Sean Ward, Andrew Laurino, Andrew Polland, and certain other limited partners that are officers or directors of the Issuer.
• The Dyal Partners disclaim beneficial ownership of the securities held by Dyal SLP except to the extent of their respective pecuniary interests.
• Each Blue Owl Operating Group Unit, upon cancellation of an equal number of Class D Shares, may be exchanged for Class B Shares or a cash payment.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a transaction between related parties. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the US market and are required when company insiders or major shareholders change their holdings in a publicly listed company. This filing indicates a transfer of shares between entities associated with Blue Owl Capital.

Related Party Transactions

• The transaction involves a disposition of shares from Dyal Capital SLP LP to certain Dyal Partners, indicating a related-party transaction.

Stakeholder Impact

• The transaction may have a minor impact on shareholders, as it involves a transfer of shares between related parties, but the overall ownership structure remains largely unchanged.

Key Dates