Blue Owl Capital Corp III
No Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2024 10-Q, filed Nov 6, 2024. Its latest SEC filing is a SCHEDULE 13G/A from May 15, 2025.
10-Q for Q3 FY2024, filed Nov 6, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Lends to U.S. middle-market companies and invests in their debt and equity securities.
10-K for FY2023, filed Feb 21, 2024Blue Owl Capital Corporation III is a Maryland corporation formed on January 27, 2020. We are focused primarily on originating and making…View ↗
How Did They Make Money?
Earns interest on loans and dividends on equity investments; some interest and dividends are added to investment principal instead of paid in cash, generally becoming due at maturity or liquidation. It may also receive fees for services tied to investment closings.
10-K for FY2023, filed Feb 21, 2024Interest income is recorded on the accrual basis and includes amortization or accretion of premiums or discounts. Certain investments may…View ↗
Dividend income on preferred equity securities is recorded on the accrual basis to the extent that such amounts are payable by the…View ↗
From time to time, the Company may receive fees for services provided to portfolio companies. These fees are generally only available to…View ↗
$273.8M
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10-K for FY2023, filed Feb 22, 2024
$273.8M ↗
Who Were Their Customers?
Lends to middle-market companies, primarily in the United States. It sources most investments directly and also finds lending opportunities through banks, corporate advisers, investment banks, investors and other sources.
10-K for FY2023, filed Feb 21, 2024Blue Owl Capital Corporation III is a Maryland corporation formed on January 27, 2020. We are focused primarily on originating and making…View ↗
Distinctive Origination Platform. To date, a substantial majority of our investments have been sourced directly. We believe that our…View ↗
The Investment Team also maintains direct contact with banks, corporate advisory firms, industry consultants, attorneys, investment banks…View ↗
Did Revenues Turn Into Profits?
Yes. Its net income in FY2023 was larger than its revenue.
10-K for FY2023, filed Feb 22, 2024
10-K for FY2023, filed Feb 22, 2024
$297.6MView ↗
How Were They Changing?
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Jan 13, 2025
Merged into Blue Owl Capital Corporation
The company ceased to exist separately; each common share converted into 0.9779 shares of OBDC common stock, with cash for fractional shares.
Sources
8-K, filed Jan 13, 2025
In accordance with the terms of the Merger Agreement, at the effective time of the Merger, each outstanding share of the Company’s common…View ↗
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