Owl Rock Assigns Independent Covenant Specialists to Every Deal
Doug Ostrover · Private Equity Masters 6 – Doug Ostrover – Blue Owl Capital (Capital Allocators, EP.205) · Jul 26, 2021 · at 33:26
Doug Ostrover, CEO of Blue Owl Capital, explains his firm's internal risk management and covenant protection process when underwriting direct lending deals.
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“Every deal we do, we have someone who is focused exclusively on covenants. They don't talk to any PE firms. They are just trying to understand if things go wrong, what is the art of the possible?”
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