[1][2][4][5][6][7] On October 18, 2021, Blue Owl acquired Oak Street, a private equity real estate firm for $950 million.

[7][10][11][12][13] On December 13, 2021, Blue Owl acquired Ascentium Group, a business development office based in Hong Kong.

[16] Blue Owl has three business units: Dyal Capital was formed in 2011 by Michael Rees and Sean Ward who were both formerly of Lehman Brothers.

[26][27] In March 2022, Blue Owl announced it planned to hold an IPO for Dyal Capital on the London Stock Exchange.

[11][31][13] Oak street is private equity real estate firm based in Chicago that focuses on structuring sale-leasebacks.