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OWL posted a higher Q2 profit driven by its fee-related earnings and growth in assets under management to $319B, up 12% Y/y; adj EPS beat na

OWL posted a higher Q2 profit driven by its fee-related earnings and growth in assets under management to $319B, up 12% Y/y; adj EPS beat narrowly while new capital commitments of $7.8B were close to half the $13.9B it raised Y/y; new money from private Wealth was $1.7B versus $4.4B in the year-ago quarter - watch other PE credit names ARES APO KKR CG BX

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OWL posted a higher Q2 profit driven by its fee-related earnings and growth in assets under management to $319B, up 12% Y/y; adj EPS beat narrowly while new capital commitments of $7.8B were close to half the $13.9B it raised Y/y; new money from private Wealth was $1.7B versus $4.4B in the year-ago quarter - watch other PE credit names ARES APO KKR CG BX