Owl Rock Capital Corp III Stock: price and directors' dealings · United States · SEC (Form 4)

About Owl Rock Capital Corp III

Owl Rock Capital Corp III, now known as Blue Owl Capital Corp III, is a business development company (BDC) listed in the United States on the NYSE/NASDAQ market, with operations and regulatory filings centered in the United States. The company is organized in Maryland and operates from New York, with its business address at 399 Park Avenue. It was formed in January 2020 to originate loans and make debt and, to a lesser extent, equity investments in middle-market companies, primarily in the United States. The company is part of the Blue Owl Capital platform, a major private-credit manager focused on direct lending and other financing solutions. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1807427/000095017022002113/orcciii_10k_1231_2021.htm?utm_source=openai)) Its business model is centered on direct lending, with a portfolio that is typically oriented toward senior secured loans, alongside senior unsecured loans, subordinated or mezzanine loans, and selected equity or equity-linked instruments. The objective is to generate current income, with capital appreciation as a secondary goal. From a competitive standpoint, Blue Owl Capital Corp III competes in a market where sourcing quality deals, underwriting conservatively, and maintaining strong sponsor relationships are crucial. Blue Owl’s platform is positioned around upper middle-market, predominantly sponsor-backed borrowers, and its public materials emphasize a senior-oriented portfolio and a direct-lending team with broad reach across the private-credit market. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1807427/000095017022002113/orcciii_10k_1231_2021.htm?utm_source=openai)) Geographically, the company’s core exposure is to U.S.-based borrowers, although the broader platform can support companies with international footprints. For investors, the key analytical lens is that of a listed private-credit vehicle: earnings power is closely tied to credit performance, base-rate dynamics, leverage, and the discipline of loan selection. The structure tends to appeal to income-oriented investors seeking exposure to floating-rate private credit rather than traditional commercial banking. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1807427/000095017022002113/orcciii_10k_1231_2021.htm?utm_source=openai)) Recent milestones include the company’s rebranding from Owl Rock Capital Corp III to Blue Owl Capital Corp III as part of the Blue Owl corporate identity, while preserving its status as an SEC-reporting listed vehicle. SEC filings in 2024 and 2025 also show ongoing Form 4 insider transaction reporting, which is relevant for monitoring changes in beneficial ownership and insider activity. In January 2025, the company filed a Form 15-12G, a notable filing that investors should track when assessing listing structure and reporting continuity. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1807427/000180742724000030/0001807427-24-000030-index-headers.html?utm_source=openai))