Despite the mixed backdrop, direct lending portfolios performed well in the first half of 2024 and current market conditions augur further strong performance into year-end. Elevated base rates remain supportive of all-in yields and fund returns. This has reinforced the outperformance of the direct lending asset class relative to traditional fixed income and public credit markets.
Economic uncertainty and diminishing sources of traditional capital are leading many companies to consider alternative funding such as sale-leasebacks to optimize their balance sheet and enable future growth. Net lease investments continue to offer investors stability, diversification, and downside protection – key attributes investors crave in today’s market
Important information
Unless otherwise indicated, the information referenced herein is as of August 31, 2024.
Past performance is not a guarantee of future results.
This material contains proprietary information regarding Blue Owl Capital Inc. (“Blue Owl”), its affiliates and investment program, and may not be reproduced or distributed without express permission from Blue Owl.
The views expressed and, except as otherwise indicated, the information provided are as of the date herein and are subject to revision and verification, materially or otherwise, without notice, as market or other conditions change. Since these conditions can change frequently, there can be no assurance that the trends described herein will continue or that any forecasts are accurate. In addition, certain of the statements contained in this presentation may be statements of future expectations and other forward-looking statements that are based on the current views and assumptions of Blue Owl and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements. These statements may be forward-looking by reason of context or identified by words such as “may, will, should, expects, plans, intends, anticipates, believes, estimates, predicts, potential or continue” and other similar expressions. Neither Blue Owl, its affiliates, nor any of Blue Owl’s or its affiliates' respective advisers, members, directors, officers, partners, agents, representatives or employees or any other person (collectively the “Blue Owl Entities”) is under any obligation to update or keep current the information contained in this document.
This material contains information from third party sources which Blue Owl has not verified. No representation or warranty, express or implied, is given by or on behalf of the Blue Owl Entities as to the accuracy, fairness, correctness or completeness of the information or opinions contained in this material and no liability whatsoever (in negligence or otherwise) is accepted by the Blue Owl Entities for any loss howsoever arising, directly or indirectly, from any use of this material or its contents, or otherwise arising in connection therewith.
All investments are subject to risk, including the loss of the principal amount invested.
This material is for educational and informational purposes only and is not an offer or a solicitation to sell or subscribe to any fund and does not constitute investment, legal, regulatory, business, tax, financial, accounting, or other advice or a recommendation regarding any securities of Blue Owl, or any fund or vehicle managed by Blue Owl, or of any other issuer of securities.
This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Blue Owl. It Is delivered on an “as is” basis without warranty or liability. All individual charts, graphs and other elements contained within the information are also copyrighted works and may be owned by a party other than Blue Owl, which Blue Owl has not verified. No representation or warranty, express or implied, is given by or on behalf of the Blue Owl Entities as to the accuracy, fairness, correctness, or completeness of the information or opinions contained in this material, and no liability whatsoever (in negligence or otherwise) is accepted by the Blue Owl Entities for any loss howsoever arising, directly or indirectly, from any use of this material or its contents, or otherwise arising in connection therewith. By accepting the Information, you agree to abide by all applicable copyright and other laws, as well as any additional copyright notices or restrictions contained in the information.