Owl Rock Capital Private Fund Advisors LLC (New York)


Owl Rock Capital Private Fund Advisors LLC is a large advisory firm based in New York. It manages $953.09 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California and Massachusetts.

Owl Rock Capital Private Fund Advisors provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Owl Rock Capital Private Fund Advisors: assets under management

The assets under management (AUM) of Owl Rock Capital Private Fund Advisors LLC is $953.09 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $953.09 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $953.09 million each.
Owl Rock Capital Private Fund Advisors has custody of $953.09 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Owl Rock Capital Private Fund Advisors LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Owl Rock Capital Private Fund Advisors serves?

The only and largest group of clients of Owl Rock Capital Private Fund Advisors is pooled investment vehicles with 1 clients and $953.09 million of assets under management. Among the 9 most similar advisory firms, Owl Rock Capital Private Fund Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $953.09 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Owl Rock Capital Private Fund Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Owl Rock Capital Private Fund Advisors LLC

The company employs 65 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Alan Jay Kirshenbaum Chief operating officer and chief financial officer 1 Jun 2018 Other 4157107
Douglas Irving Ostrover Chief executive officer and co-chief investment officer 1 Jun 2018 Other 1292770
Marc Steven Lipschultz President and co-chief investment officer 1 Jun 2018 Other 5801354
Craig William Packer Co-chief investment officer 1 Jun 2018 Other 1869959
Karen Hager Chief compliance officer 1 Jun 2018 Other 4360272
Owl Rock Capital Holdings Llc Member-manager 1 Jun 2018 75% - 100% 47-5449904

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Owl Rock Capital Partners Lp Member manager 1 Oct 2015 75% - 100% 47-5431128
Owl Rock Capital Partners (Gp) Llc General partner 1 Oct 2015 Other 47-5256247
Douglas Irving Ostrover Elected manager 1 Mar 2016 Other 1292770
Marc Steven Lipschultz Elected manager 1 Mar 2016 Other 5801354
Craig William Packer Elected manager 1 Jun 2016 Other 1869959
Owl Rock Capital Newco Llc Member-manager 1 Sep 2018 75% - 100% 83-1264821

Based in New York

The principal office where Owl Rock Capital Private Fund Advisors LLC performs its advisory services is located at 399 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Menlo Park, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-419-3000 or by fax 6466774733. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at linkedin.com/company/owl-rock-capital/.