Our Story

An integrated direct lending platform

Our Story

Doug Ostrover, Marc Lipschultz and Craig Packer each have spent over 25 years building successful credit, underwriting and alternative investment businesses at GSO/Blackstone, KKR and Goldman Sachs. In early 2016, Doug, Marc and Craig formed Owl Rock with the goal of building a comprehensive direct lending platform that addresses the distinct and underserved needs of U.S. middle market companies across a variety of industries.

Owl Rock is a leading alternative asset manager with deep expertise in the credit markets. Our strength lies in the experience of our investment team and our ability to view the credit markets through multiple lenses.

Backed by a dedicated team of investment professionals with diverse credit underwriting expertise across a variety of industries, each of our partners offers a unique perspective that, together, provides a holistic view of the investment process and a thorough understanding of the risks and opportunities in today’s credit markets.

Owl Rock's founders offer deep expertise and broad experience investing throughout market cycles and across the capital structure

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Douglas I. Ostrover

Co-Founder

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Douglas I. Ostrover

Co-Founder

Douglas I. Ostrover is a Co‐Founder and the Chief Executive Officer of Owl Rock Capital Partners, the Co‐Chief Investment Officer of Owl Rock Capital Advisors, and is a member of the Advisors’ Investment Committee. Prior to founding Owl Rock, Mr. Ostrover was one of the founders of GSO Capital Partners, Blackstone’s alternative credit platform, and a Senior Managing Director at Blackstone until 2015. Prior to co‐founding GSO in 2005, Mr. Ostrover was a Managing Director and Chairman of the Leveraged Finance Group of CSFB. Prior to his role as Chairman, Mr. Ostrover was Global Co‐Head of CSFB’s Leveraged Finance Group, during which time he was responsible for all of CSFB’s origination, distribution and trading activities relating to high yield securities, leveraged loans, high yield credit derivatives and distressed securities. Mr. Ostrover was a member of CSFB’s Management Council and the Fixed Income Operating Committee. Mr. Ostrover joined CSFB in November 2000 when CSFB acquired Donaldson, Lufkin & Jenrette (“DLJ”), where he was a Managing Director in charge of High Yield and Distressed Sales, Trading and Research. Mr. Ostrover had been a member of DLJ’s High Yield team since he joined the firm in 1992. Mr. Ostrover received a B.A. in Economics from the University of Pennsylvania and an M.B.A. from New York University Stern School of Business. Presently, Mr. Ostrover also serves on the Board of Directors of the Michael J. Fox Foundation.

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Marc Lipschultz

Co-Founder

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Marc Lipschultz

Co-Founder

Marc Lipschultz is a Co‐Founder and the President of Owl Rock Capital Partners, the Co‐Chief Investment Officer of Owl Rock Capital Advisors, and is a member of the Advisors’ Investment Committee. Prior to founding Owl Rock, Mr. Lipschultz spent more than two decades at KKR, where he served on the firm’s Management Committee and as the Global Head of Energy and Infrastructure. Mr. Lipschultz has a wide range of experience in alternative investments, including leadership roles in private equity, infrastructure and direct‐asset investing. Prior to joining KKR, Mr. Lipschultz was with Goldman, Sachs & Co., where he focused on Mergers and Acquisitions and Principal Investment Activities. He received an A.B. with Honors and Distinction, Phi Beta Kappa, from Stanford University and an M.B.A. with High Distinction, Baker Scholar, from Harvard Business School. Mr. Lipschultz is actively involved in a variety of nonprofit organizations, serving as a Trustee and Board Member of the American Enterprise Institute for Public Policy Research, Michael J. Fox Foundation, Mount Sinai Health System, Riverdale Country School and as the President of the Board of Directors of the 92nd Street Y.

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Craig W. Packer

Co-Founder

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Craig W. Packer

Co-Founder

Craig W. Packer is a Co-Founder of Owl Rock Capital Partners, the Chief Executive Officer of Owl Rock Capital Corporation, and Owl Rock Capital Corporation II , the Co-Chief Investment Officer of Owl Rock Capital Advisors and is a member of the Advisors’ Investment Committee. Prior to founding Owl Rock , Mr. Packer was Co-Head of Leveraged Finance in the Americas at Goldman, Sachs & Co., where he served on the Firmwide Capital Committee, Investment Banking Division (“IBD”) Operating Committee, IBD Client and Business Standards Committee and the IBD Risk Committee. Mr. Packer joined Goldman, Sachs & Co. as a Managing Director and Head of High Yield Capital Markets in 2006 and was named partner in 2008. Prior to joining Goldman, Sachs & Co., Mr. Packer was the Global Head of High Yield Capital Markets at Credit Suisse First Boston, and before that he worked at Donaldson, Lufkin & Jenrette. Mr. Packer serves as Treasurer and on the Board of Trustees of Greenwich Academy and on the Board of Directors of Kids in Crisis, a nonprofit organization that serves children in Connecticut. Mr. Packer earned a B.S. from the University of Virginia and an M.B.A. from Harvard Business School.