RBC Capital analysts provided their key takeaways from Owl Rock Capital (NYSE:ORCC) BDC Investor Day, coming away with a deeper appreciation of the process and people in the origination, underwriting, and portfolio management teams.
Management emphasized focus on capital preservation through credit quality within the portfolio and deliberate, conservative deployment of capital since inception. According to the company, there could be room for ROE (return on equity) improvement to 12.5%-13.0%, and it could generate attractive returns in all rate environments.