NEW YORK, February 23, 2021 /PRNewswire/ — Owl Rock Capital (“Owl Rock”), a leading alternative wealth manager, today announced the appointment of Melissa Weiler to the boards of their business development companies (“BDCs”) Owl Rock Capital Corporation (NYSE: ORCC), Owl Rock Capital Corporation II, Owl Rock Capital Corporation III, Owl Rock Technology Finance Corp. and Owl Rock Core Income Corp.
Weiler’s appointment expands the board to eight directors, five of whom are independent. She will become a member of the nominating and corporate governance and audit committees for all five directors, as well as a member of the remuneration committee for ORCC.
Douglas OstroverCo-Founder of Owl Rock Capital Partners, said, “We are delighted to have Melissa join our Board of Directors. Her experience managing a wide range of credit funds across multiple cycles will complement our process as we remain focused on delivering attractive, consistent returns for investors across a range of market environments. We look forward to working with her as an important member of our team.”
Weiler most recently served as Managing Director and on the Management Committee of Crescent Capital Group, where she was responsible for overseeing the firm’s CLO business and previously managed several multi-strategy debt funds. Prior to Crescent Capital Group, she was a Managing Director at Trust Company of the West, where she managed several credit funds and served as senior portfolio manager for TCW’s high yield debt business. Weiler holds a BS in Economics from the Wharton School at the University of Pennsylvania.
About Owl Rock
Owl Rock Capital Group, together with its subsidiaries (“Owl Rock”), is one new York based direct credit platform with approx $27.1 billion of assets under management as of December 31, 2020. Owl Rock’s platform consists of multiple investment funds and products, including business development companies. Owl Rock is comprised of a team of experienced investment professionals with significant and diverse experience at some of the world’s leading investment firms and financial institutions. Owl Rock’s relational approach to investing aims to provide companies with significant commitments to facilitate transactions and support their growth needs with security, speed and transparency throughout the investment process. For more information please visit us at www.owlrock.com.
David Wells / Josh Clarkson /Andrew Chironna
SOURCE Owl Rock Capital