Form 4: Dyal Capital SLP LP Disposes of Shares in Blue Owl Capital Inc.

Dyal Capital SLP LP reports the disposition of 888,352 Class D Shares and Blue Owl Operating Group Units of Blue Owl Capital Inc. to certain Dyal Partners.

Summary

• On March 3, 2025, Dyal Capital SLP LP ('Dyal SLP') disposed of 888,352 Class D Shares of Blue Owl Capital Inc. ('Issuer') and an equal number of Blue Owl Operating Group Units.
• The disposition was made to certain Dyal Partners for no consideration.
• Following the transaction, Dyal SLP beneficially owns 136,814,357 Class D Shares and an equal number of Blue Owl Operating Group Units.
• The reported amount has been adjusted to reflect a prior distribution of 1,100,000 Class D Shares and Blue Owl Operating Group Units to members of Dyal SLP for no consideration.
• Each Blue Owl Operating Group Unit can be exchanged for Class B Shares or a cash payment.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing indicates changes in the holdings of a major shareholder, Dyal Capital SLP LP, in Blue Owl Capital Inc. Such filings are common and provide transparency into the ownership structure of publicly traded companies. The disposition of shares to Dyal Partners may reflect internal restructuring or compensation arrangements within the Dyal Capital organization.

Related Party Transactions

• The reported transaction is a disposition by Dyal Capital SLP LP ('Dyal SLP') to certain Dyal Partners for no consideration.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal as Dyal Capital SLP LP remains a significant shareholder.

Key Dates