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Blue Owl Capital Inc. Third Quarter 2024 Results

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NEW YORK, Oct. 31, 2024 /PRNewswire/ — Blue Owl Capital Inc. (NYSE:OWL) (“Blue Owl”) today reported its financial results for the third quarter ended September 30, 2024.

“Blue Owl has continued to generate resilient and strong growth against a volatile market backdrop, with management fee growth of more than 25% and revenue growth of more than 30% year over year. The robust organic trends across our business reflect our durable permanent capital base and increasing investor interest in the strategies we manage, leading us to the second highest quarter of fundraising in Blue Owl’s history.” said Doug Ostrover and Marc Lipschultz, Co-CEOs of Blue Owl. “In addition, we recently announced our agreement to acquire IPI’s business, reflecting a significant step forward in Blue Owl’s presence in the digital infrastructure ecosystem. Between IPI’s expertise in data centers and Atalaya’s capabilities in asset based finance, both of which are multi-trillion dollar markets, we believe we are further positioning Blue Owl to be on the forefront of trends that will define the alternatives industry in the coming decade.”

Blue Owl issued its full detailed presentation of its third quarter ended September 30, 2024 results, which can be viewed through the Shareholders section of Blue Owl’s website at https://ir.blueowl.com/Investors/events-and-presentations.

Dividend
Blue Owl declared a quarterly dividend of $0.18 per Class A Share, payable on November 22, 2024, to shareholders of record at the close of business on November 11, 2024.

Quarterly Investor Call Details:
Blue Owl will host its third quarter 2024 investor call via public webcast on October 31, 2024 at 10:00 a.m. ET. To register, please visit the Shareholders section of Blue Owl’s website at https://ir.blueowl.com/overview.

The conference call may be accessed by dialing +1 (888) 330-2454 (U.S. callers) or +1 (240) 789-2714 (non-U.S. callers); conference ID 4153114. For those unable to listen to the live broadcast, there will be a webcast replay available on the Shareholders section of Blue Owl’s website.

All callers will need to enter the Conference ID followed by the # sign and reference “Blue Owl Capital” once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected.

About Blue Owl
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.
With $235 billion in assets under management as of September 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,050 experienced professionals, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.

Forward Looking Statements
Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “would,” “should,” “future,” “propose,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law.

These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl’s shares on the New York Stock Exchange (“NYSE”); Blue Owl’s ability to manage growth; Blue Owl’s ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors.

Investor Contact
Ann Dai
Head of Investor Relations
blueowlir@blueowl.com

Media Contact
Nick Theccanat
Principal, Corporate Communications & Government Affairs
Nick.Theccanat@blueowl.com

 

View original content:https://www.prnewswire.com/news-releases/blue-owl-capital-inc-third-quarter-2024-results-302292416.html

SOURCE Blue Owl Capital

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Correction: April 2025 U.S. Travel Agencies Air Ticket Sales Total $8.8 Billion

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Year-Over-Year Passenger Trips Rose Despite Decline in Sales

ARLINGTON, Va., May 16, 2025 /PRNewswire/ — Today, Airlines Reporting Corp. (ARC) released data showing U.S.-based travel agency air ticket sales reached $8.8 billion in April 2025 – a 4% decrease compared to April 2024.* April’s passenger trips settled by ARC increased 1% year over year, totaling 25.7 million.

Results for April 2025 showed:

ARC Ticketing Metric

Total

Month-Over-Month Variance

Year-Over-Year Variance

Total Sales

$8.8 billion

-6 %

-4 %

Total Passenger Trips

25.7 million

-5 %

+1 %

U.S. Domestic Trips

16.2 million

-4 %

+1 %

International Trips

9.5 million

-8 %

+1 %

Average Ticket Price

$536

0 %

-3 %

Average Economy Class Ticket Price**

$476

+1 %

+2 %

Average Premium Class Ticket Price***

$1,233

0 %

0 %

Passenger trips issued through online travel agencies rose 6% year over year, while passenger trips for leisure and corporate travel decreased 4% and 6%, respectively, over the same period.

“Business travel contended with increased economic uncertainty and the Easter holiday falling in late April, which affected year-over-year corporate passenger trip comparisons,” said Steve Solomon, chief commercial officer at ARC. “Despite some macroeconomic headwinds, overall passenger trips for domestic and international travel remained above 2024 levels, showing the resilience of travel demand.”

NDC transactions accounted for 19.6% of the total ARC reported and settled transactions in April 2025 — a 2% increase from 19.3% in April 2024. In April 2025, a total of 905 travel agencies reported NDC transactions.

More detailed information is available on ARC’s sales statistics page.

About ARC:
ARC’s data platform is the intelligence behind air travel, connecting the industry ecosystem and powering commercial decisions for airlines and our partners. We manage the world’s most comprehensive airline ticketing dataset, comprised of over 12 billion annual passenger flights operated by more than 480 airlines in over 235 countries. ARC’s trusted reporting and settlement services process over $99 billion annually in U.S.-based agency air sales. ARC leads industry collaboration between airlines, agencies, corporate buyers and other partners to enable a thriving air travel retailing ecosystem. For more information, visit arccorp.com.

Contact:
Randy Spoon

media@arccorp.com

Notes:

A previous version of this press release incorrectly stated that U.S.-based travel agency air ticket sales saw a 6% decrease compared to April 2024.

*Ticket Sales

Results are based on monthly sales data ending April 30, 2025, from 10,144 U.S. retail and corporate travel agency locations and online travel agencies. Results do not include sales of tickets purchased directly from airlines.The average ticket price (USD) is for a round-trip ticket settled through ARC for an itinerary that included only U.S. domestic travel.Passenger trips include the total number of passengers traveling from one airport to another using direct or connecting flights. Newly issued trips are added, and refunded trips are deducted to provide a net view of traveling passengers.U.S. domestic passenger trips include the total number settled through ARC where the itinerary is wholly within the U.S. International passenger trips include the total number settled through ARC where some or all the travel occurs to airports outside the U.S. or originates outside the U.S.Total sales are equal to the total amount paid for a ticket, which includes taxes and fees.

**Average Economy Class Ticket Price

Economy Class is defined as tickets for U.S. domestic travel purchased in April 2025 under fare codes excluding First Class, Business Class and Business Class Premium.

***Average Premium Class Ticket Price

Premium Class is defined as tickets for U.S. domestic travel purchased in April 2025 under fare codes assigned to First Class, Business Class and Business Class Premium.

© Airlines Reporting Corporation (ARC). All rights reserved.

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SOURCE Airlines Reporting Corporation (ARC)

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Top IT Strategies for the Financial and Professional Services Sectors in 2025: Info-Tech’s Industry Best Research Released

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A new report from Info-Tech Research Group, a global research and advisory firm, identifies six research priorities that are enabling IT leaders in financial and professional services to lead digital transformation, adapt to AI disruption, enhance compliance, and drive measurable value in a rapidly shifting economy.

TORONTO, May 16, 2025 /CNW/ – With AI reshaping professional services and financial firms navigating uncertain economic shifts, IT leaders in these sectors are being called to play a more strategic role in enabling business success. In response to these challenges, Info-Tech Research Group has released a curated research report to help organizations meet the moment. The 2025 report, Info-Tech’s Best Research for the Professional and Financial Services Sectors, includes actionable strategies, tools, and frameworks tailored to the industry’s most urgent priorities.

According to Info-Tech’s research, the financial and professional services sectors face a convergence of technology disruption, rising operational risk, and mounting pressure to deliver measurable innovation. Many organizations are moving beyond reactive IT support and redefining the role of IT as a proactive business partner. At the center of this shift is a need for smarter vendor management, more robust data strategy, and responsible AI governance.

“Financial and professional services firms are operating in high-trust environments with rising expectations for performance, transparency, and resilience,” says Info-Tech Research Group’s Chief Research Officer, Gord Harrison. “The research in this report is designed to help IT leaders lead through uncertainty while building the capabilities needed to stay competitive and compliant, whether that means evolving governance models, modernizing risk management, or delivering value with greater agility.”

Info-Tech’s Best Research Tailored for the Financial and Professional Services Sectors in 2025
Info-Tech’s top 2025 resources for the financial and professional services industries include six targeted research blueprints to help firms align IT strategy with business goals and modernize core capabilities:

Build a Business-Aligned IT Strategy – The insights in this blueprint provide guidance on empowering IT to lead with impact by aligning initiatives to business priorities, driving innovation, and building credibility across the organization.

Build a Robust and Comprehensive Data Strategy – This practical blueprint offers a business-first approach to strengthening governance, improving decision-making, and unlocking organization-wide value.

Jump Start Your Vendor Management Initiative – The framework outlined in this detailed guide helps IT leaders implement a right-sized approach to improve vendor oversight, strengthen partnerships, and drive business value within 90 days.

Build an Information Security Strategy – The guidance in this blueprint helps organizations design a holistic, business-aligned security program that reduces risk and supports evolving priorities.

Govern the Use of AI Responsibly With a Fit-for-Purpose Structure – The approach in this guide supports organizations in implementing a fit-for-purpose AI governance structure that reduces risk, ensures compliance, and aligns AI with business values.

Establish Data Governance – This blueprint offers a structured approach to aligning governance practices with enterprise strategy and fostering a culture of data accountability and excellence.

Info-Tech’s Best Research for the Professional and Financial Services Sectors 2025 report highlights the firm’s top research blueprints that offer practical frameworks, tools, and use cases that build on each other to support strategy execution across IT functions. Collectively, they serve as a roadmap for IT leaders to strengthen governance, reduce risk, and deliver measurable outcomes in professional and financial services.

To request exclusive and timely commentary from Info-Tech’s experts on these blueprints or to download Info-Tech’s Best Research for Professional and Financial Services 2025 resource, please contact pr@infotech.com.

Media Passes for Info-Tech LIVE 2025 in Las Vegas
Media professionals, including journalists, podcasters, and influencers, are invited to attend Info-Tech LIVE 2025 to gain exclusive access to research, content, and interviews with industry leaders. For those unable to attend in person, Info-Tech offers a digital pass option, providing access to live-streamed keynotes, select sessions, and exclusive virtual interviews with speakers and analysts.

Media professionals looking to apply for in-person or digital passes can contact pr@infotech.com to secure their spot and cover the latest advancements in IT directly from the event or remotely.

About Info-Tech Research Group
Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software-buying insights. 

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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SOURCE Info-Tech Research Group

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Eastern Michigan University unveils Way Forward@EMU, empowering youth health leaders with $1M Toyota grant

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YPSILANTI, Mich., May 16, 2025 /PRNewswire/ — Eastern Michigan University is revolutionizing health education for young leaders with the launch of Way Forward@EMU, an innovative initiative supported by a $1,016,850 grant from the Toyota Way Forward Fund. Designed to empower high school students from Ypsilanti, Wayne/Westland, and Romulus, the program bridges health education with career readiness, equipping participants with tools to drive real community impact.

Housed within Engage@EMU and supported by EMU’s Robert Thomson Center for the Advancement of Neurobehavioral Health, the program offers a six to eight-week paid learning experience with weekly sessions covering traumatic brain injury (TBI) awareness, mental health, nutrition, and wellness. Students will creatively showcase their knowledge, earn a $100 stipend, and gain opportunities to transform their communities as peer health educators.

“Way Forward@EMU represents a bold step in developing the next generation of healthcare leaders by putting tools, training, and mentorship directly into the hands of young people,” said Sondrea Singleton, director of Way Forward@EMU. “When we equip youth to educate their peers and communities, we’re not just raising awareness—we’re creating lasting change.”

Built on a hub-and-spoke model for community-based healthcare transformation, the program taps into EMU’s faculty expertise, mentorship programs, and partnerships with organizations like Corner Health Center. Its SMART goals include:

Certifying 75+ students as Community Health Educators (CHEs) by December 2025

Reaching more than 800 youth, families, and community members with TBI-focused education

Providing experiential opportunities with at least 10 healthcare organizations

Supporting college readiness through structured mentorship

Participants earn digital credentials through EMU’s Office of Professional Programs and Training, creating a direct pathway to postsecondary success. CHEs deliver peer education across schools, community centers, and faith-based organizations, using a curriculum co-developed with Corner Health Center. Ongoing mentorship through EMU’s Pre-Service Health Center reinforces academic and career preparedness.

The Toyota Way Forward Fund is a multi-year initiative established in 2023 that strengthens access to specialized healthcare and recovery support for individuals and families affected by traumatic brain injuries. Eastern Michigan University was selected for this substantial grant due to its demonstrated excellence in healthcare innovation and community-focused programming.

“With more than 2.5 million Americans visiting emergency departments for TBIs each year—32% of them children—the need for prevention and early education is critical,” said Michael Speigl, dealer principal at Toyota of Ann Arbor. “EMU’s forward-thinking approach to pediatric health education aligns seamlessly with Toyota’s mission to drive impactful change.”

Way Forward@EMU specifically targets communities with high poverty rates and limited healthcare pathways. With education efforts planned through 2026 and a vision for statewide expansion, the program is positioned to become a national model for sustainable, equity-driven health education.

The University will formally celebrate the launch of Way Forward@EMU and the Toyota Way Forward Fund grant during a special event beginning at 9:30 a.m. on Friday, May 16, 2025, at the EMU Student Center, Room 352, located at 900 Oakwood, Ypsilanti.

For more information about the Way Forward Fund, pioneered by Toyota, visit the website.

About Eastern Michigan University

Founded in 1849, EMU is the second oldest public university in Michigan. It currently serves nearly 13,000 students pursuing undergraduate, graduate, specialist, doctoral and certificate degrees in the arts, sciences and professions. In all, more than 300 majors, minors and concentrations are delivered through the University’s Colleges of Arts and Sciences; Business; Education; Engineering and Technology; Health and Human Services; and its graduate school. National publications regularly recognize EMU for its excellence, diversity, and commitment to applied education. Visit the University’s rankings and points of pride websites to learn more. For more information about Eastern Michigan University, visit the University’s website. To stay up to date on University news, activities and announcements, visit EMU Today.

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SOURCE Eastern Michigan University

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