Alternative asset manager Blue Owl Capital reported a surge in third‑quarter performance where assets under management climbed 26 % to $295.6 billion and its credit platform grew 18 % to $152.1 billion . Direct lending originations reached $10.9 billion while adjusted distributable earnings rose to $0.22 per share from $0.20 a year earlier. Despite strong growth, the firm warned that complex structures and rising costs may pressure margins and challenge future profitability.