Form 4: Owl Rock Capital Feeder LLC Distributes 19.6 Million Class C Shares and Operating Group Units to Dyal Capital Partners IV Holdings

Owl Rock Capital Feeder LLC distributed 19.6 million Class C shares and an equal number of Blue Owl Operating Group Units to Dyal Capital Partners IV Holdings on May 6, 2024.

Summary

• On May 6, 2024, Owl Rock Capital Feeder LLC distributed 19,600,000 shares of Class C Common Stock and an equal number of Blue Owl Operating Group Units to Dyal Capital Partners IV Holdings for no consideration.
• Following the transaction, Owl Rock Feeder directly holds 96,940,000 Class C Shares and an equal number of Blue Owl Operating Group Units on behalf of Dyal IV.
• Each Blue Owl Operating Group Unit can be exchanged for Class B or Class A Common Stock, or a cash payment.
• Douglas Ostrover, a director of Blue Owl Capital Inc., indirectly controls Owl Rock Feeder and Owl Rock Capital Partners.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a transfer of shares and units. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing reflects internal transfers of equity ownership within the Blue Owl Capital structure, which is common for companies with complex ownership arrangements.

Stakeholder Impact

• The distribution of shares and units may have a minor impact on the ownership structure, but is unlikely to significantly affect stakeholders.

Key Dates