Assets under management
Review of business growth, deal terms and all credit agreements
Proactive review process and regular contact with portfolio company management teams
An independent origination process with extensive network of industry contacts and portfolio company relationships
Exhaustive review of financial information while working closely with private equity sponsors
Thorough review process focused on identifying and mitigating risk, including onsite visits and company management meetings
Analysis of downside protection and preservation of capital with focus on asset coverage and collateral
As of June 30, 2023. Past performance is not a guarantee of future results. There can be no assurance that historical trends will continue during the life of any fund. 1. Average annual loss rate based on total annual net realized losses across Blue Owl's Credit platform divided by the average aggregate quarterly cost of investments. The loss rate is based on the average loss rates in each year since inception from 2016 to 1Q23. 2. Source: SP LCD, Cliffwater, JP Morgan. Market loss rates calculated as average loss rates and defined as: for loans, based on SP LCD default rates for all loan $ defaults as percentage of total outstanding and calculated as default*(1 – average historical Recovery Rate) from 2016 to 1Q23; Direct Lending based on Cliffwater Direct Lending Index realized gains/losses from 2Q16 to 4Q22; High Yield Bonds based on JP Morgan Default Monitor annual defaults and calculated as default* (1 – average historical Recovery Rate) from 2016 to 1Q23; Recovery rates for loans of range from 48-63% by year and 22-55% for bonds and are based on JP Morgan Default Monitor, May 1, 2023. 3. Blue Owl's credit experience based on investments made across the platform and in all direct lending strategies.