Blue Owl Capital Reports Third-Quarter Growth on Higher Fee-Related Earnings
Blue Owl Capital said third-quarter growth was helped by higher fee-related earnings, with assets under management reaching a record high. It posted net income of about $20 million, or 3 cents a share, up from $6.31 million, or 1 cent a share.
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BLUE OWL SHARES RISE 1.7% AFTER Q3 PROFIT BEATS ESTIMATES, AUM HITS RECORD $330 BILLION
By Freddy SebastianBlue Owl Capital reported growth in the third quarter, helped by an increase in fee-related earnings as assets under management reached a record high.Blue Owl on Thursday posted net income of about $20 million, or 3 cents a share, up from $6.31 million, or 1 cent a share, in the…