Mission Statement, Vision, & Core Values (2024) of Owl Rock Capital Corporation (ORCC)

An Overview of Owl Rock Capital Corporation (ORCC)

General Summary of Owl Rock Capital Corporation

Owl Rock Capital Corporation (ORCC) is a leading investment firm that focuses on providing customized credit solutions to private middle-market companies. Founded in 2016, ORCC has established itself as a significant player in the business development company (BDC) space, aiming to generate attractive risk-adjusted returns for its shareholders. The firm primarily invests in senior secured loans, which offer downside protection and income generation.

As of 2024, ORCC's portfolio encompasses various sectors, including healthcare, technology, and consumer services. The company reports total assets of approximately $6.5 billion and has built a diversified investment portfolio with over 100 companies. In terms of revenue generated, ORCC achieved $800 million from its investment activities in the last fiscal year.

Company's Financial Performance in the Latest Financial Reports

In the most recent financial report for Q3 2024, Owl Rock Capital Corporation reported a record-breaking revenue of $250 million, marking a year-on-year increase of 15%. This growth is primarily attributed to increased demand for senior secured loans and an expansion of its investment portfolio. Key financial metrics include:

Additionally, ORCC reported strong growth in its investments in the healthcare and technology sectors, with these investments accounting for approximately 40% of the total portfolio. The company has maintained a solid credit quality with a weighted average credit rating of B, indicating prudent risk management.

Introduction to Owl Rock Capital Corporation as an Industry Leader

Owl Rock Capital Corporation is recognized as one of the leading firms in the BDC industry due to its strategic focus on middle-market lending and its commitment to providing value to its shareholders. With a robust investment strategy and a diversified portfolio, ORCC has set a benchmark for growth and stability in the sector. The company’s disciplined approach to credit underwriting and extensive market expertise have positioned it favorably against competitors. For further insights into the factors driving ORCC's success, the reader is encouraged to explore the detailed sections below.

Mission Statement of Owl Rock Capital Corporation (ORCC)

Mission Statement Overview

The mission statement of Owl Rock Capital Corporation (ORCC) serves as a guiding framework for the company's strategic direction and operational strategies. It delineates the purpose behind their activities and their commitment to stakeholders. The mission statement emphasizes the importance of delivering value through diverse investment solutions that aim to foster growth and stability.

Core Component 1: Commitment to Investment Excellence

Owl Rock Capital Corporation prioritizes investment excellence as a cornerstone of its mission. This commitment ensures that all investment decisions are backed by rigorous research and due diligence, seeking to maximize returns for investors.

• In 2022, ORCC reported a net income of $0.76 per share.
• As of Q3 2023, ORCC's total assets amounted to approximately $5.8 billion.

Core Component 2: Delivering High-Quality Services

Delivering high-quality services is another critical facet of ORCC's mission. The company strives to maintain robust relationships with portfolio companies, ensuring they receive the necessary support for long-term success.

• In 2023, ORCC achieved a 9.5% annualized return for its investors.
• The company has managed over $3 billion in committed capital since its inception.

Core Component 3: Commitment to Stakeholder Engagement

Owl Rock Capital Corporation’s mission emphasizes its responsibility towards all stakeholders, including investors, portfolio companies, and employees. This includes creating an inclusive culture that fosters growth and innovation.

• As of the end of 2023, ORCC had over 1,200 active portfolio companies.
• The company reported a 95% client satisfaction rate in its recent survey.

Vision Statement of Owl Rock Capital Corporation (ORCC)

Investment Strategy

The vision statement of Owl Rock Capital Corporation (ORCC) emphasizes a commitment to providing attractive risk-adjusted returns by investing primarily in the debt of privately held U.S. companies. This strategy underscores the focus on creating value through strategic investments in sectors that exhibit growth potential.

• Target Investment Range: $10 million to $100 million
• Average Yield: 6.0% to 8.0%
• Investment Type: Primarily senior secured loans

Growth and Expansion

Owl Rock's vision articulates an aspiration for sustained growth and expansion in the private credit market. This includes a robust pipeline for new investments and a widening of its portfolio across diverse industries.

Commitment to Social Responsibility

Owl Rock Capital Corporation's vision includes a strong commitment to responsible investing and environmental, social, and governance (ESG) practices. This commitment is crucial in navigating the evolving landscape of investor expectations and regulatory requirements.

• ESG Scoring System: Implemented for all portfolio investments
• Percentage of Investments with ESG Considerations: 75%
• Target for Renewable Energy Investments by 2024: 20% of total investments

Stakeholder Engagement

The vision statement highlights the importance of engaging with stakeholders to foster relationships that contribute to long-term success and sustainability. This includes ongoing communication with investors, portfolio companies, and communities impacted by investments.

Technological Integration

The integration of technology into investment practices is a key aspect of ORCC's vision. By leveraging analytics and innovative financial technologies, the company aims to enhance decision-making processes and optimize portfolio performance.

• Investment in Technology: $50 million allocated for 2024
• Data Analytics Tools: Implementing advanced analytics for risk assessment
• Expected Efficiency Gains: 15% improvement in investment processes

Core Values of Owl Rock Capital Corporation (ORCC)

Integrity

The core value of Integrity is fundamental to Owl Rock Capital Corporation (ORCC), emphasizing an unwavering commitment to ethical behavior and transparency in all operations.

Examples of Commitment:

• ORCC adheres to the Securities and Exchange Commission (SEC) regulations, ensuring compliance with financial reporting standards.
• In 2023, ORCC maintained a net asset value (NAV) of approximately $1.3 billion, showcasing its responsible management of assets and capital.
• The firm conducts annual audits by Big Four accounting firms, fostering trust and accountability among investors.

Excellence

The value of Excellence drives ORCC to achieve exceptional results while continually improving its strategies and operations.

Examples of Commitment:

• In 2023, ORCC achieved a return on equity (ROE) of over 10%, reflecting superior performance relative to industry standards.
• Launched a new investment strategy in 2024 aimed at diversifying its portfolio, targeting a 15% increase in annual returns.
• ORCC's management team has a collective experience of over 100 years in the financial industry, emphasizing a depth of expertise.

Collaboration

Collaboration is key to ORCC’s approach, fostering a culture of teamwork internally and with external partners.

Examples of Commitment:

• Partnerships with over 30 middle-market companies, facilitating growth and access to capital.
• Biannual stakeholder meetings that integrate feedback from investors and partners, enhancing decision-making processes.
• Initiatives such as the Owl Rock Investment Forum, which brings together industry leaders to discuss market trends and strategies.

Responsibility

The core value of Responsibility underscores ORCC’s dedication to sustainable practices and social accountability.

Examples of Commitment:

• In 2023, ORCC committed $100 million towards sustainable investments, focusing on renewable energy and environmentally-friendly projects.
• The company has implemented a diversity and inclusion program that increased the representation of women and minorities in leadership roles by 20%.
• ORCC participates in community outreach programs, investing over $2 million in local initiatives that support economic development.