Form 4: Owl Rock Capital Feeder LLC Distributes Shares and Units to Dyal Capital Partners IV Holdings

Owl Rock Capital Feeder LLC distributed 30,166,206 Class C Shares and an equal number of Blue Owl Operating Group Units to Dyal Capital Partners IV Holdings for no consideration on November 6, 2024.

Summary

• On November 6, 2024, Owl Rock Capital Feeder LLC distributed 30,166,206 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 66,773,794 Class C Shares and an equal number of Blue Owl Operating Group Units on behalf of Dyal IV.
• Owl Rock Capital Partners LP is the managing member of Owl Rock Feeder and is managed by Owl Rock Capital Partners (GP) LLC, which is governed by an executive committee.
• Douglas Ostrover, Marc Lipschultz, and Craig Packer comprise the executive committee, with certain matters requiring Mr. Ostrover's vote.
• Each Blue Owl Operating Group Unit can be exchanged for Class B or Class A Common Stock, or a cash payment.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a transaction, and does not inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing reflects changes in beneficial ownership of Blue Owl Capital Inc. securities, which is a routine part of the financial industry as firms manage their holdings and partnerships.

Related Party Transactions

• The distribution of shares and units from Owl Rock Capital Feeder LLC to Dyal Capital Partners IV Holdings constitutes a related party transaction.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership structure, but the overall impact is likely minimal.

Key Dates