Doug Ostrover

Doug Ostrover co-founded Owl Rock Capital Partners in 2016 with Marc Lipschultz and Craig Packer, creating a pure-play direct lending BDC platform. Owl Rock merged with Dyal Capital Partners (which invests in minority stakes in alternative asset managers) to form Blue Owl Capital in 2021, which went public through a SPAC transaction. Blue Owl manages over $175 billion across direct lending, GP stakes investing (buying minority interests in other alternative asset managers), and real assets credit. The GP stakes model — buying into the fee streams of successful hedge funds and PE firms — was pioneered by Dyal and became one of the hottest strategies in alternative asset management. Ostrover's combination of direct lending and GP stakes created a uniquely diversified alternative credit platform.