Blue Owl Capital Corporation II (“OBDC II”) is a closed-end BDC managed by Blue Owl Credit Advisors LLC, part of Blue Owl’s Credit platform. The Fund seeks current income and, secondarily, capital appreciation by investing in senior loans, mezzanine debt, and equity of U.S. middle market companies. It may invest up to 30% in non-qualifying assets, including foreign issuers and private funds. Liquidity is offered through quarterly repurchase offers, and the Fund uses leverage through credit facilities and securitizations to support its investment strategy.
News and Notices
Blue Owl Capital
2017
'40 Act
Non-Traded BDC
USD
Quarterly
Daily
1.50%
December 31
News and Notices
menu
Portfolio Holdings
Portfolio Composition
Growth
Capital Flows
Tender Offers
Share Classes
Returns
Fees
Ownership
Operating Metrics
Per Page
10
1-10 of 261
Notices
Date
Time (ET)
Notice Type
Source
Notice
Dec 20, 2023
16:33
Distributions
JRctPVvg
Blue Owl Capital Corporation II declared a $0.62 per share third-quarter return of capital distribution, equal to 7.5% of December 31, 2025 net asset value. Shareholders of record on July 21, 2026 will receive payment on or before July 22, 2026.
Jan 26, 2026
16:34
Compliance, Personnel
a03CfKEbq
Blue Owl Capital Corporation II shareholders elected Directors Eric Kaye and Victor Woolridge through 2029, with about 27 million votes for each, and ratified KPMG for fiscal 2026. The approvals establish director terms and auditor appointment.
Nov 08, 2024
12:55
Compliance
fdJ461Z
Blue Owl Capital II received confidential treatment for excluded information from an exhibit submitted by Saba Capital Management and Cox Capital General Partner. The information will not be publicly released through March 6, 2036.
Jan 27, 2025
16:21
Compliance
JA5yekp6u
Blue Owl Capital Corporation II approved a $1.7 million investment company fidelity bond for the May 19, 2026 to May 19, 2027 policy period, with Continental Insurance Company and the Board authorizing related compliance filings and notices.
Aug 11, 2024
16:32
Debt Issuances
Cmmnhufsz
Blue Owl Capital Corporation II will redeem all $350 million of its 8.450% Notes due 2026 on May 21, 2026. The redemption will retire the entire outstanding Notes balance under the Indenture.
Nov 27, 2025
17:12
Redemptions
1ovOmNiv
The filing reports the final results of the offer to purchase up to 8 million shares of Blue Owl Capital Corporation II Common Stock at $3.80 per Share. The Offer expired on April 24, 2026, was not oversubscribed, and all validly tendered Shares were accepted for purchase.
Jun 16, 2023
16:33
Distributions
vVVRua6OG
Blue Owl Capital Corporation II declared a $0.42 per share second-quarter return of capital distribution, bringing 2026 return of capital distributions to $2.92 per share, or 35% of NAV. It also declared an April monthly cash dividend of $0.035 per share, payable on or before April 20-21, 2026.
Jun 10, 2024
16:36
Marketing Materials
rrydOeFdO
Blue Owl Capital Corporation II is soliciting shareholder votes for its 2026 Annual Meeting on June 25, 2026, with holders of record as of March 27, 2026 eligible to vote Common Shares by June 24, 2026. Shareholders are being asked to vote on the listed proposals using ProxyVote, telephone, mail, or a smartphone QR code.
Jan 01, 2024
17:08
Compliance, Marketing Materials, Personnel
IGyZRhb
Blue Owl Capital Corporation II is asking shareholders to elect Eric Kaye and Victor Woolridge as Directors for three-year terms ending at the 2029 annual meeting and to ratify KPMG LLP as independent auditor for the fiscal year ending December 31, 2026. If approved, the Board composition and auditor appointment will remain in place for the 2026 annual meeting cycle.
Nov 01, 2025
17:00
Compliance, Personnel
XtV96GdIZ
Blue Owl Capital Corporation II is asking shareholders to re-elect Eric Kaye and Victor Woolridge to three-year Board terms ending in 2029 and to ratify KPMG LLP as independent auditor for 2026. The virtual annual meeting is scheduled for June 25, 2026, with 115,645,894 shares outstanding as of the record date.
Preview
News
Capital Flows
Debt
BDCs
Blue Owl BDC announces Q3 capital distribution
Jul 21, 2026
Including the latest payout,Blue Owl Capital Corporation IIhasreturned capital equivalent to 43% ofDecemberNAVso far in 2026.
AI-Generated Movement
Returns & Performance
Debt
BDCs
North America
EvergreenLink Debt BDC Index one-year return slips below 5%
Jun 26, 2026
Weanalyzethe top-performing BDCs as of H12026across one, three, andsince-inceptionperiods.
BDCs
Interval CE Funds
Debt
North America
Capital Flows
Saba targets BDCs and interval funds with NAV Dislocation strategy
Apr 28, 2026
Theannouncement comes as investors in Blue Owl'snon-traded BDC shunnedan earlier Saba and Cox Capital joint-offer to repurchase shares ata steepdiscount.
AI-Generated Movement
Capital Flows
Debt
BDCs
Blue Owl BDC announces Q2 capital distribution
Apr 20, 2026
Blue Owl Capital Corporation IIhasreturned capital equivalent to 35% of NAV so far in 2026, including the latest payout.
BDCs
Debt
Capital Flows
Saba, Cox launch tender offers for Blue Owl BDCs
Feb 24, 2026
"[our]objective is consistent with our broader mandate:providing institutional qualityliquidity solutions to an underserved retail and mass affluent market,"CEOJohn CoxtoldEvergreenLink.
Capital Flows
Debt
BDCs
Returns & Performance
Inside Blue Owl's OBDC II
Feb 20, 2026
This analysis follows the fund's recent and controversial decision to issue distributions to all investors while suspending redemptions.
BDCs
Debt
Capital Flows
Investments
Investors
Blue Owl BDCs to sell $1.4 billion of direct lending assets
Feb 19, 2026
Theinvestmentswill besoldat99.7%offair valuetofundcapital distributions and pay down debt.
BDCs
Debt
Regulatory
Blue Owl faces lawsuit over alleged redemption misrepresentation
Jan 29, 2026
Theclass actionsuitis the latestdevelopmentin the firm's now-cancelled BDC merger.
Blue Owl Capital Corp II
Blue Owl Capital and Whale Rock Capital are responsible for managing Blue Owl Capital Corp II.
Blue Owl Capital Corp II launched in 2017.
Blue Owl Capital Corp II is registered as a '40 Act fund.
Blue Owl Capital Corp II is structured as a Non-Traded BDC fund.
You can invest in Blue Owl Capital Corp II by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Blue Owl Capital Corp II daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of Blue Owl Capital Corp II quarterly, subject to redemption limits and notice requirements.
Shares of Blue Owl Capital Corp II can be purchased in USD.
Blue Owl Capital Corp II's fiscal year end is December 31.
Blue Owl Capital Corp II's net asset value was $563.1 million and its portfolio had a fair value of $1,576.1 million as of June 30, 2026.
Among other deal types, Blue Owl Capital Corp II primarily makes Debt Investments.
Among other asset classes, Blue Owl Capital Corp II primarily invests in Direct Lending.
Among other regions, Blue Owl Capital Corp II primarily invests in the USA and Globally.
WHY JOIN?
Make data-driven decisions, build strategic connections and stay informed with every decision that evergreen funds make. Read More...