Blue Owl Capital Corporation

Ladies and gentlemen, thank you for standing by. My name is Bhavesh and I'll be your conference operator today. At this time, I would like to welcome everyone to the Blue Owl Q3 2023 conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question during this time, simply press the star followed by the one on your telephone. If you'd like to withdraw your question, Please press the star, followed by the 1 once again. Thank you. I would now like to hand the call over to Anne Dye, Head of Investor Relations. You may begin your conference.

Thanks, Operator, and good morning to everyone. Joining me today are Doug Ostrover and Mark Lipschultz, Co-Chief Executive Officers, and Alan Kirshenbaum, our Chief Financial Officer. I'd like to remind our listeners that remarks made during the call may contain forward-looking statements which are not a guarantee of future performance or results and involve a number of risks and uncertainties that are outside the company's control. Actual results may differ materially from those in forward-looking statements as a result of a number of factors, including those described from time to time in Blue Owl Capital's filings with the Securities and Exchange Commission. The company assumes no obligation to update any forward-looking statements, We'd also like to remind everyone that we'll refer to non-GAAP measures on the call, which are reconciled GAAP figures in our earnings presentation, available on the investor resources section of our website at blueisle.com. Please note that nothing on this call constitutes an offer to sell or a solicitation of an offer to purchase an interest in any Blue Isle fund. This morning, we issued our financial results for the third quarter of 2023, reporting fee-related earnings, or FRE, of 17 cents per share, and distributable earnings, or DE, of 16 cents per share. We declared a dividend of 14 cents per share for the third quarter, payable on November 30th to holders of record as of November 20th. During the call today, we'll be referring to the earnings presentation, which we posted to our website this morning, so please have that on hand to follow along. With that, I'd like to turn the call over to Doug.

Thank you, Anne, and good morning, everyone. I want to thank all of you for joining us today. It's been a pleasure to spend the last two years on these earnings calls with our shareholders and analysts. As we move through the transition of the co-CEO structure that we announced earlier this year, we've decided to take a divide and conquer approach to allow each member of the management team to leverage their time more efficiently. And so going forward, You'll be hearing from Mark and Alan on our quarterly earnings calls, while Michael and I will be taking a step back from this aspect of the business. To be clear, I'm not going anywhere. I'll continue to be very available and accessible, and I look forward to seeing many of you at upcoming conferences and meetings. That said, given the rapid growth that we've had at Blue Owl and what now feels like a pretty well-oiled earnings process, it feels like the right time for me to focus my attention more fully on the many strategic growth initiatives we have in the works right now. So with that, let me hand things over to Mark.