Blue Owl Capital Inc.

Hello, good morning, and welcome to the Blue Owl Capital's first quarter 2023 earnings call. During the presentation, your lines will remain on a listen-only mode. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, again, press star followed by the number one, and we advise that To all parties, this conference is being recorded. I would now like to turn the call over to Ann Dye, Head of Investor Relations for Blue Owl.

Thanks, Operator, and good morning to everyone.

Joining me today are Doug Ostrover, our Chief Executive Officer, Mark Lipschultz and Michael Lease, our Co-Presidents, and Alan Kirschenbaum, 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 to GAAP figures in our earnings presentation, available on the Investor Resources section of our website at blueowl.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 Owl Fund. This morning, we issued our financial results for the first quarter of 2023, reporting fee-related earnings, or FRE, of $0.16 per share, and Distributable Earnings, or DE, of 15 cents per share. We declared a dividend of 14 cents per share for the first quarter, payable on May 31st to holders of record as of May 19th. 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.