Owl Rock Capital rebrands to Blue Owl Capital Corporation, amid founder drama

seekingalpha2023-06-23

Owl Rock Capital Corp. (NYSE:ORCC) said on Thursday it's changing its name, ticker, and website to rebrand as Blue Owl Capital Corporation, effective July 6, 2023. At the same time, it will update its...

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(NYSE:ORCC) said on Thursday it's changing its name, ticker, and website to rebrand as Blue Owl Capital Corporation, effective July 6, 2023. At the same time, it will update its...</p>\n\n<a href=\"https://seekingalpha.com/news/3982233-owl-rock-capital-rebrands-to-blue-owl-capital-corporation-amid-founder-drama\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OBDC","symbol_name":"Blue Owl Capital Corporation","start_time":0,"source_url":"https://seekingalpha.com/news/3982233-owl-rock-capital-rebrands-to-blue-owl-capital-corporation-amid-founder-drama","article_id":"2345799616","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1395539260/image_1395539260.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2345799616","pubTimestamp":1687468178,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Owl Rock Capital Corp. (NYSE:ORCC) said on Thursday it's changing its name, ticker, and website to rebrand as Blue Owl Capital Corporation, effective July 6, 2023. At the same time, it will update its","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"OBDC":"Blue Owl Capital Corporation","BK4135":"资产管理与托管银行","OWL":"Blue Owl Capital Inc."},"translate_title":"在创始人戏剧中，Owl Rock Capital更名为Blue Owl Capital Corporation","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OBDC":1,"ORCC":1,"OWL":1},"content_text":"Owl Rock Capital Corp. (NYSE:ORCC) said on Thursday it's changing its name, ticker, and website to rebrand as Blue Owl Capital Corporation, effective July 6, 2023. At the same time, it will update its ticker symbol on the NYSE to \"OBDC\" from \"ORCC\".  Owl Rock Capital Corp. (ORCC) is managed by an investment adviser that is an indirect affiliate of Blue Owl Capital Inc. (NYSE:OWL). \"This name change will not change the day-to-day business of the company, but rather is part of a broader initiative to have one Blue Owl Brand,\" the company said. According to a media report, the rebranding coincides with a dispute among the firms' co-founders. In 2021, Blue Owl Capital was formed after Owl Rock, founded by Marc Lipschultz and Doug Ostrover, merged with Dyal Capital through a SPAC deal. Dyal is being renamed Blue Owl GP Strategic Capital, Bloomberg said, citing an investor letter. Lipschultz and Ostrover have asked Dyal's founder, Michael Rees, to resign, people familiar with the matter told Bloomberg. The report said strains intensified when, in May, Lipschultz was promoted to co-CEO from co-president, a role he shared with Rees since the SPAC deal. More on Owl Rock Capital:  Owl Rock Capital: Third Straight Quarter Of Outperformance For This 11.5% - Yielding BDC My 2 High Yield Buys For June Owl Rock Capital stock gains after Q1 net investment income reaches record","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2345799616"}