secwatch.observer — SEC 8-K summary
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Issuer:     BLUE OWL CAPITAL INC. (OWL)
CIK:        0001823945
Form:       8-K
Filed at:   2021-12-30T23:59:59+00:00
Accession:  0001193125-21-369818
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 3.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Owl completes $1B acquisition of Oak Street; appoints Marc Zahr to board and as division president
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- Closed acquisition of Oak Street for $1.0B at closing plus up to $656.5M in earnout payments.
- Issued 26,074,330 Class C shares and equal number of Common Units as consideration.
- Marc Zahr appointed to Blue Owl's Board and Executive Committee; named President of Oak Street division.
- Mr. Zahr receives $500K base salary plus additional compensation tied to management fee revenues.
- Oak Street has $12.4B AUM as of Sept 30, 2021; Chicago office becomes Blue Owl office.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823945/000119312521369818/0001193125-21-369818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823945/000119312521369818/d276614d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-369818

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