News & Analysis

Charting the growth of Owl Rock’s BDCs

The firm has grown quickly since it was founded a little more than three years ago and now has two BDCs that manage much of its capital.

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Owl Rock Capital Partners operates two business development companies: Owl Rock Capital Corporation, a corporate lending vehicle, and Owl Rock Technology Finance Corporation, a tech-focused BDC.

Alumni of KKR, GSO Capital Partners and Goldman Sachs launched the firm in early 2016 and it has quickly become a force to be reckoned with, not only because of the high-profile figures behind the credit shop but also for raising a large amount of capital in a short timeframe – and as a first-time fund, no less.

Here’s how key metrics have evolved in recent quarters. Note that the technology fund began operations in third quarter in 2018.