Experienced Team with Expertise Across all Levels of the Corporate Capital Structure
The members of the Investment Committee have an average of 30 years of experience in private lending and investing at all levels of a company’s capital structure, particularly in high yield securities, leveraged loans, high yield credit derivatives, distressed securities, and equity securities. The members of the Investment Committee have diverse backgrounds with investing experience through multiple business and credit cycles. We believe this experience provides ORCIC with an in-depth understanding of the strategic and financial opportunities of middle market companies and affords it numerous tools to help manage risk while preserving the opportunity for attractive risk-adjusted returns on our investments.
Douglas I. Ostrover
Doug Ostrover is a Co-Founder and Chief Executive Officer of Blue Owl, a member of the firm’s Executive Committee and a member of the firm’s board of directors. Doug is also a Co-Founder of Owl Rock Capital Partners, serves as Chief Executive Officer and Co-Chief Investment Officer of the Owl Rock Advisers and is a member of the Owl Rock Investment Committees. In addition, Doug has served on the boards of ORCC and ORCC II since 2016 , on the board of ORTF since 2018 and on the boards of ORCC III and ORCIC since 2020 .
Prior to co-founding Owl Rock, Doug was one of the founders of GSO Capital Partners (GSO), now Blackstone’s alternative credit platform, and became a Senior Managing Director at Blackstone upon its acquisition of GSO in 2008 until 2015. Prior to co-founding GSO in 2005, Doug was a Managing Director and Chairman of the Leveraged Finance Group of Credit Suisse First Boston (CSFB). Prior to his role as Chairman, Doug was Global Co-Head of CSFB’s Leveraged Finance Group, during which time he was responsible for all of CSFB’s origination, distribution and trading activities relating to high yield securities, leveraged loans, high yield credit derivatives and distressed securities. He was a member of CSFB’s Management Council and the Fixed Income Operating Committee. Doug joined CSFB in November 2000 when CSFB acquired Donaldson, Lufkin & Jenrette (DLJ), where he was a Managing Director in charge of High Yield and Distressed Sales, Trading and Research. He had been a member of DLJ’s high yield team since he joined the firm in 1992.
Doug is actively involved in non-profit organizations including serving on our Board of the Michael J. Fox Foundation. He is also a board member of the Brunswick School. Doug received a BA in Economics from the University of Pennsylvania and an MBA from New York University Stern School of Business.
Marc S. Lipschultz
Marc Lipschultz is a Co-Founder and Co-President of Blue Owl, a member of the firm’s Executive Committee and a member of the firm’s board of directors. Marc is also a Co-Founder and President of Owl Rock Capital Partners, serves as the Co-Chief Investment Officer of the Owl Rock Advisers and is a member of the Owl Rock Investment Committees.
Prior to co-founding Owl Rock, Marc spent more than two decades at KKR, serving on the firm’s Management Committee and in 2016 as the Global Head of Energy and Infrastructure. Marc has a wide range of experience in alternative investments, including leadership roles in private equity, infrastructure and direct-asset investing. Prior to joining KKR, Marc was with Goldman, Sachs & Co., where he focused on mergers and acquisitions and principal investment activities.
Marc received an AB with honors and distinction, Phi Beta Kappa, from Stanford University and an MBA with high distinction, Baker Scholar, from Harvard Business School. Marc serves on the board of the Hess Corporation and is actively involved in a variety of nonprofit organizations, serving as a board member of the 92Y, American Enterprise Institute, Michael J. Fox Foundation, Mount Sinai Health System and Stanford University Board of Trustees.
Senior Managing Director
Craig W. Packer
Senior Managing Director
Craig Packer is a Co-Founder and a Senior Managing Director of Blue Owl, a member of the firm’s Executive Committee and a member of the firm’s board of directors. Craig is also a Co-Founder of Owl Rock Capital Partners, serves as Co-Chief Investment Officer of the Owl Rock Advisers and President and Chief Executive Officer of each of the Owl Rock BDCs and is a member of the Owl Rock Investment Committees. In addition, Craig has served on the boards of ORCC I and ORCC II since 2016, on the board of ORTF since 2018 and on the boards of ORCC III and ORCIC since 2020.
Prior to co-founding Owl Rock, Craig was Co-Head of Leveraged Finance in the Americas at Goldman, Sachs & Co., where he served on the Firmwide Capital Committee, Investment Banking Division (IBD) Operating Committee, IBD Client and Business Standards Committee and the IBD Risk Committee. He joined Goldman, Sachs & Co. as a Managing Director and Head of High Yield Capital Markets in 2006 and was named partner in 2008. Prior to joining Goldman Sachs, Craig was the Global Head of High Yield Capital Markets at Credit Suisse First Boston, and before that he worked at Donaldson, Lufkin & Jenrette.
Craig serves as Treasurer and member of the Board of Trustees of Greenwich Academy, and Co-Chair of the Honorary Board of Kids in Crisis, a nonprofit organization that serves children in Connecticut, and on the Advisory Board for the McIntire School of Commerce, University of Virginia. Craig earned a BS from the University of Virginia and an MBA from Harvard Business School.
Alexis Maged is Managing Director and Head of Credit at Owl Rock Capital Partners and a member of Owl Rock Capital Advisors’ Investment Committee. Prior to joining Owl Rock in 2016, Mr. Maged was Chief Financial Officer of Barkbox, Inc., a New York‐based provider of pet‐themed products and technology, from 2014 to 2015. Prior to that, Mr. Maged was a Managing Director with Goldman Sachs & Co. from 2007 until 2014. At Goldman Sachs & Co., Mr. Maged held several leadership positions, including Chief Operating Officer of the investment bank’s Global Credit Finance businesses, Co‐Chair of the Credit Markets Capital Committee and a member of the Firmwide Capital Committee. Prior to assuming that role in 2011, Mr. Maged served as Chief Underwriting Officer for the Americas and oversaw the U.S. Bank Debt Portfolio Group and US Loan Negotiation Group. From mid‐2007 to the end of 2008, Mr. Maged was Head of Bridge Finance Capital Markets in the Americas Financing Group’s Leveraged Finance Group, where he coordinated the firm’s High Yield Bridge Lending and Syndication business. Prior to joining Goldman, Sachs & Co, Mr. Maged was Head of the Bridge Finance Group at Credit Suisse and also worked in the Loan Capital Markets Group at Donaldson, Lufkin and Jenrette. Upon DLJ’s merger with Credit Suisse in 2000, Mr. Maged joined Credit Suisse’s Syndicated Loan Group and, in 2003, founded its Bridge Finance Group. Earlier in his career, Mr. Maged was a member of the West Coast Sponsor Coverage Group at Citigroup and the Derivatives Group at Republic National Bank, as well as a founding member of the Loan Syndication Group at Swiss Bank Corporation. Mr. Maged received a B.A. from Vassar College and an M.B.A. from New York University Stern School of Business.