Owl Rock Capital Corp (OBDC)

Owl Rock Capital Corp., listed on the NYSE as OBDC, is a closed-end investment fund and business development company. The fund focuses on direct lending and fund-of-funds investments, with exposure to senior secured loans, unsecured and subordinated loans, mezzanine financings, and equity-related instruments such as warrants and preferred stock. It also pursues preferred equity, first lien, unitranche, and second lien term loans, along with common equity investments in some cases.

Its investment approach is centered on middle-market and upper middle-market U.S. companies, typically with annual EBITDA of $10 million to $250 million or revenue of $50 million to $2.5 billion at the time of investment. The fund generally targets financing opportunities related to growth, acquisitions, expansion, refinancings, and recapitalizations, with investment maturities often ranging from three to ten years and individual commitments commonly between $20 million and $250 million.

Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.