Unless otherwise noted the Report Date referenced herein is as of June 30, 2025.

Endnotes

1. Source: RBC Datacenter Download (June 2025); McKinsey: The Cost of Compute: A $7 Trillion Race to Scale Data Centers (April 2025); Rivery: Big data statistics: how much data is there in the world? (May 2025). Note that capital expenditure estimates reflect projected investments in power infrastructure, data center construction, and IT equipment, based on McKinsey’s demand model that incorporates AI adoption, supply constraints, and regulatory considerations.
2. Trademarks are property of their respective owners. None of the companies illustrated here have recommended the services of Blue Owl Digital Infrastructure. Although certain of the referenced companies above are tenants of Blue Owl Digital Infrastructure-owned assets, Blue Owl Digital Infrastructure Funds do not expect to invest in any of the referenced companies nor can there be any assurance that Blue Owl Digital Infrastructure Funds will develop data centers on behalf of any of the referenced companies. 
3. Source: https://www.delloro.com/news/data-center-capex-to-surpass-1-trillion-by-2029/
4. This information is being provided for illustrative/informational purposes only. Past performance is not a guarantee of future results. There can be no assurance that historical trends will continue. The views expressed are Blue Owl’s and subject to change without notice as market and other conditions change.
5. Investment grade companies must have  “BBB-” rating or higher by S&P or an equivalent rating from a nationally recognized statistical rating organization (NRSRO). A security rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
6. Source: McKinsey. "AI power: Expanding data center capacity to meet growing demand," October 2024
7. Source: CBRE, North America Data Center Trends H1 2025, September 2025.
   
8. References to “downside protection” or similar language are not guarantees against loss of investment capital or value.
9. Track record performance includes the acquisition of IPI Partners. Blue Owl Capital acquired the business on January 3rd, 2025. IPI Partners was originally established in 2016.
10. As of Report Date June 30, 2025. Past performance is not a guarantee of future results. Metrics and portfolio data reflected above are as of June 30, 2025, and include expansion options and JV holdings where applicable. Represents investments owned and managed by the Blue Owl Digital Infrastructure platform. Represents investments owned and managed by the Blue Owl Net Lease platform.
11. STACK Infrastructure, Beale Infrastructure, RadiusDC, and DF&I are Blue Owl Digital Infrastructure’s wholly-owned and/or controlled captive portfolio companies.
12. “Pure-play” refers to Blue Owl Digital Infrastructure’s single strategy being exclusively focused on data centers and other complimentary technology and connectivity-related assets. 

Important information:

Past performance is not a guarantee of future results.

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Performance Information: 
Where performance returns have been included in this webpage, Blue Owl has included herein important information relating to the calculation of these returns as well as other pertinent performance related definitions.

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