{"url":"https://nivawealth.com/firms/blue-owl-real-estate-capital-165132","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/165132","regulatoryAum":67880998718,"crd":"165132","secFileNumber":"801-77141","legalName":"Blue Owl Real Estate Capital LLC","displayName":"Blue Owl Real Estate Capital","website":"https://www.blueowl.com/","founded":null,"organization":"Illinois limited liability company","fiscalYearEnd":"December","headquarters":{"street":"150 N Riverside Plaza","city":"Chicago","state":"IL","stateName":"Illinois","country":"United States","postalCode":"60606"},"tradeNames":[],"registration":{"secApproved":"17 September 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":130,"advisory":130,"brokerDealerReps":3,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":64296254718,"discretionaryAccounts":83,"nonDiscretionary":3584744000,"nonDiscretionaryAccounts":8,"wrapProgram":null,"nonUsClientsPct":25,"nonAumClients":1},"clientTypes":[{"label":"Pooled investment vehicles","clients":68,"regulatoryAum":57443829888},{"label":"State or municipal government entities","clients":3,"regulatoryAum":2020854213},{"label":"Insurance companies","clients":5,"regulatoryAum":764581699},{"label":"Sovereign wealth funds and foreign official institutions","clients":9,"regulatoryAum":6957429203},{"label":"Corporations and other businesses","clients":1,"regulatoryAum":50000000},{"label":"Other","clients":5,"regulatoryAum":644303715}],"fees":[],"feeNotes":[],"custodians":[{"name":"Northern Trust Corporation","shortName":"Northern Trust","location":"Chicago, IL","smaAssets":6333198000},{"name":"U.S Bank National Association","shortName":"U.S Bank National Association","location":"Denver, CO","smaAssets":1037613000},{"name":"State Street Bank and Trust Company","shortName":"State Street Bank and Trust","location":"Boston, MA","smaAssets":2570854000}],"custodyNote":"Blue Owl Real Estate Capital has custody of $45.93B for 67 clients.","otherCustodians":[],"leadership":[{"name":"Marc Zahr","title":"President","crd":"4979339"},{"name":"Alan Kirshenbaum","title":"Chief Financial Officer","crd":"4157107"},{"name":"Andrew Polland","title":"Chief Operating Officer","crd":"5785787"},{"name":"Karen Hager","title":"Chief Compliance Officer","crd":"4360272"},{"name":"Neena Reddy","title":"Chief Legal Officer","crd":"4327592"}],"ownership":[{"label":"Blue Owl Real Estate Holdings LP","detail":"Member in the 75% or more ownership band and a control person, since December 2021."},{"label":"Blue Owl Capital GP LLC","detail":"Indirect owner: general partner of Blue Owl Real Estate Holdings LP and a control person, since October 2021. Also general partner of Blue Owl Capital Holdings LP and a control person, since May 2021.","parent":"Blue Owl Real Estate Holdings LP"},{"label":"Blue Owl Capital GP Holdings LLC","detail":"Indirect owner: a member of Blue Owl Capital GP LLC in the 75% or more band and a control person, since November 2021.","parent":"Blue Owl Capital GP LLC"},{"label":"Blue Owl Capital Inc.","detail":"Indirect owner: a member of Blue Owl Capital GP Holdings LLC in the 75% or more band and a control person, since November 2021.","parent":"Blue Owl Capital GP Holdings LLC"},{"label":"Blue Owl Capital Holdings LP","detail":"Indirect owner: a limited partner of Blue Owl Real Estate Holdings LP in the 75% or more band and a control person, since October 2021.","parent":"Blue Owl Real Estate Holdings LP"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":9,"privateResidences":0},"listedOfficeAddresses":7,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"1 Embarcadero Center","city":"San Francisco"}]},{"state":"District of Columbia","offices":1,"addresses":[{"street":"1701 Rhode Island Avenue NW","city":"Washington"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"150 N Riverside Plaza","city":"Chicago","headquarters":true}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"51 John F. Kennedy Parkway","city":"Short Hills"}]},{"state":"New York","offices":2,"addresses":[{"street":"375 Park Avenue","city":"New York"},{"street":"2 Overhill Road","city":"Scarsdale"}]},{"state":"Texas","offices":1,"addresses":[{"street":"300 Crescent Court","city":"Dallas"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-419-3000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Other","percent":99,"detail":"Commercial Real Estate Loans, Commercial Mortgage Backed Securities, Retained Securities From Securitizations"}],"privateFunds":54},"sources":{"adv1FilingDate":"22 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/165132/PDF/165132.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Blue Owl Real Estate Capital have?","answer":"Blue Owl Real Estate Capital has 91 clients and manages $67.9 billion for them, as of May 2026. They include 68 pooled investment vehicles, 9 sovereign wealth funds and foreign official institutions and 5 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 22 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Blue Owl Real Estate Capital offer?","answer":"Blue Owl Real Estate Capital provides portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Blue Owl Real Estate Capital use?","answer":"Blue Owl Real Estate Capital’s separately managed account assets are held at Northern Trust Corporation (Chicago, IL), with $6,333,198,000, State Street Bank and Trust Company (Boston, MA), with $2,570,854,000 and U.S Bank National Association (Denver, CO), with $1,037,613,000. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Blue Owl Real Estate Capital have?","answer":"Blue Owl Real Estate Capital has 0 investment adviser representatives registered with state securities authorities, out of 130 employees, and 130 perform investment advisory functions. 3 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Blue Owl Real Estate Capital invest in?","answer":"At the end of its last fiscal year, Blue Owl Real Estate Capital’s separately managed accounts held 99% commercial real estate loans, commercial mortgage backed securities, retained securities from securitizations and 1% pooled vehicles (private funds and similar). It advises 54 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Blue Owl Real Estate Capital?","answer":"Blue Owl Real Estate Capital is owned through a chain of holding companies by Blue Owl Capital Inc. and Blue Owl Capital Holdings LP. Its direct owner is Blue Owl Real Estate Holdings LP (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 22 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Blue Owl Real Estate Capital get paid?","answer":"Blue Owl Real Estate Capital is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}