Sec Form 13G Filing - CH Investment Partners L.L.C. filing for BLUE OWL CAPITAL INC. (OWL) - 2022-02-09

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

Blue Owl Capital Inc.

(Name of Issuer)

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

09581B103

(CUSIP Number)

December 31, 2021

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d–1(b)

☒ Rule 13d–1(c)

☐ Rule 13d–1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 09581B103

 

  (1)    

  Names of reporting persons

 

  CH Investment Partners, L.L.C.

  (2)  

  Check the appropriate box if a member of a group (see instructions)

 

  (a)  ☐        (b)  ☒

 

  (3)  

  SEC use only

 

  (4)  

  Citizenship or place of organization

 

  Delaware

Number of

shares

 beneficially 

owned by

each

reporting

person

with:

   (5)    

  Sole voting power

 

  0

   (6)  

  Shared voting power

 

  0

   (7)  

  Sole dispositive power

 

  0

   (8)  

  Shared dispositive power

 

  0

  (9)    

  Aggregate amount beneficially owned by each reporting person

 

  0

(10)  

  Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

  ☐

(11)  

  Percent of class represented by amount in Row (9)

 

  0.0%

(12)  

  Type of reporting person (see instructions)

 

  OO; IA


CUSIP No. 09581B103

 

  (1)    

  Names of reporting persons

 

  Oak Lawn Direct Investors GP, L.L.C.

  (2)  

  Check the appropriate box if a member of a group (see instructions)

 

  (a)  ☐        (b)  ☒

 

  (3)  

  SEC use only

 

  (4)  

  Citizenship or place of organization

 

  Delaware

Number of

shares

 beneficially 

owned by

each

reporting

person

with:

   (5)    

  Sole voting power

 

  0

   (6)  

  Shared voting power

 

  0

   (7)  

  Sole dispositive power

 

  0

   (8)  

  Shared dispositive power

 

  0

  (9)    

  Aggregate amount beneficially owned by each reporting person

 

  0

(10)  

  Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

  ☐

(11)  

  Percent of class represented by amount in Row (9)

 

  0.0%

(12)  

  Type of reporting person (see instructions)

 

  OO


CUSIP No. 09581B103

 

  (1)    

  Names of reporting persons

 

  Blue Investors, L.L.C.

  (2)  

  Check the appropriate box if a member of a group (see instructions)

 

  (a)  ☐        (b)  ☒

 

  (3)  

  SEC use only

 

  (4)  

  Citizenship or place of organization

 

  Delaware

Number of

shares

 beneficially 

owned by

each

reporting

person

with:

   (5)    

  Sole voting power

 

  0

   (6)  

  Shared voting power

 

  0

   (7)  

  Sole dispositive power

 

  0

   (8)  

  Shared dispositive power

 

  0

  (9)    

  Aggregate amount beneficially owned by each reporting person

 

  0

(10)  

  Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

  ☐

(11)  

  Percent of class represented by amount in Row (9)

 

  0.0%

(12)  

  Type of reporting person (see instructions)

 

  OO


CUSIP No. 09581B103

 

  (1)    

  Names of reporting persons

 

  Blue Warehouse, L.L.C.

  (2)  

  Check the appropriate box if a member of a group (see instructions)

 

  (a)  ☐        (b)  ☒

 

  (3)  

  SEC use only

 

  (4)  

  Citizenship or place of organization

 

  Delaware

Number of

shares

 beneficially 

owned by

each

reporting

person

with:

   (5)    

  Sole voting power

 

  0

   (6)  

  Shared voting power

 

  0

   (7)  

  Sole dispositive power

 

  0

   (8)  

  Shared dispositive power

 

  0

  (9)    

  Aggregate amount beneficially owned by each reporting person

 

  0

(10)  

  Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

  ☐

(11)  

  Percent of class represented by amount in Row (9)

 

  0.0%

(12)  

  Type of reporting person (see instructions)

 

  OO


CUSIP No. 09581B103

 

  (1)    

  Names of reporting persons

 

  CHCP Direct Investors (Owl Rock), L.P.

  (2)  

  Check the appropriate box if a member of a group (see instructions)

 

  (a)  ☐        (b)  ☒

 

  (3)  

  SEC use only

 

  (4)  

  Citizenship or place of organization

 

  Delaware

Number of

shares

 beneficially 

owned by

each

reporting

person

with:

   (5)    

  Sole voting power

 

  0

   (6)  

  Shared voting power

 

  0

   (7)  

  Sole dispositive power

 

  0

   (8)  

  Shared dispositive power

 

  0

  (9)    

  Aggregate amount beneficially owned by each reporting person

 

  0

(10)  

  Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

  ☐

(11)  

  Percent of class represented by amount in Row (9)

 

  0.0%< /p>

(12)  

  Type of reporting person (see instructions)

 

  PN


CUSIP No. 09581B103

 

  (1)    

  Names of reporting persons

 

  I35 Advisors, Inc.

  (2)  

  Check the appropriate box if a member of a group (see instructions)

 

  (a)  ☐        (b)  ☒

 

  (3)  

  SEC use only

 

  (4)  

  Citizenship or place of organization

 

  Texas

Number of

shares

 beneficially 

owned by

each

reporting

person

with:

   (5)    

  Sole voting power

 

  0

   (6)  

  Shared voting power

 

  0

   (7)  

  Sole dispositive power

 

  0

   (8)  

  Shared dispositive power

 

  0

  (9)    

  Aggregate amount beneficially owned by each reporting person

 

  0

(10)  

  Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

  ☐

(11)  

  Percent of class represented by amount in Row (9)

 

  0.0%

(12)  

  Type of reporting person (see instructions)

 

  CO


CUSIP No. 09581B103

 

  (1)    

  Names of reporting persons

 

  Kirk L. Rimer

  (2)  

  Check the appropriate box if a member of a group (see instructions)

 

  (a)  ☐        (b)  ☒

 

  (3)  

  SEC use only

 

  (4)  

  Citizenship or place of organization

 

  United States of America

Number of

shares

 beneficially 

owned by

each

reporting

person

with:

   (5)    

  Sole voting power

 

  0

   (6)  

  Shared voting power

 

  0

   (7)  

  Sole dispositive power

 

  0

   (8)  

  Shared dispositive power

 

  0

  (9)    

  Aggregate amount beneficially owned by each reporting person

 

  0

(10)  

  Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

  ☐

(11)  

  Percent of class represented by amount in Row (9)

 

  0.0%

(12)  

  Type of reporting person (see instructions)

 

  IN; HC


CUSIP No. 09581B103

 

  (1)    

  Names of reporting persons

 

  Michael R. Silverman

  (2)  

  Check the appropriate box if a member of a group (see instructions)

 

  (a)  ☐        (b)  ☒

 

  (3)  

  SEC use only

 

  (4)  

  Citizenship or place of organization

 

  United States of America

Number of

shares

 beneficially 

owned by

each

reporting

person

with:

   (5)    

  Sole voting power

 

  0

   (6)  

  Shared voting power

 

  0

   (7)  

  Sole dispositive power

 

  0

   (8)  

  Shared dispositive power

 

  0

  (9)    

  Aggregate amount beneficially owned by each reporting person

 

  0

(10)  

  Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

  ☐

(11)  

  Percent of class represented by amount in Row (9)

 

  0.0%

(12)  

  Type of reporting person (see instructions)

 

  IN; HC


Item 1(a) Name of issuer: Blue Owl Capital Inc.

Item 1(b) Address of issuer’s principal executive offices: 399 Park Avenue, 38th Floor, New York, NY 10022

2(a) Name of person filing: This statement is jointly filed by and on behalf of each of Blue Warehouse, L.L.C., a Delaware limited liability company (“Blue Warehouse”), Blue Investors, L.L.C., a Delaware limited liability company (“Blue Investors”), CHCP Direct Investors (Owl Rock), L.P., a Delaware limited partnership (“Direct Investors”, and collective with Blue Warehouse and Blue Investors, the “Funds”), Oak Lawn Direct Investors GP, L.L.C. a Delaware limited liability company (“Oak Lawn”), CH Investment Partners, L.L.C., a Delaware limited liability company (“CHIP”), I35 Advisors, Inc., a Texas corporation (“I35”), Kirk L. Rimer and Michael R. Silverman (Blue Warehouse, Blue Investors, Direct Investors, Oak Lawn, CHIP I35, Mr. Rimer and Mr. Silverman are collectively referred to herein as the “Reporting Persons”). The Reporting Persons are filing this statement jointly.

2(b) Address or principal business office or, if none, residence: The address of the principal business office of each of the Reporting Persons is, c/o CH Investment Partners, L.L.C., 3953 Maple Avenue, Suite 250, Dallas, Texas 75219, USA.

2(c) Citizenship: See Item 4 on the cover page(s) hereto.

2(d) Title of class of securities: Class A Common Stock, par value $0.0001 per share.

2(e) CUSIP No.: 09581B103

 

Item 3.

If this statement is filed pursuant to §§240.13d–1(b) or 240.13d–2(b) or (c), check whether the person filing is a:

 

(a) ☐    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b) ☐    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c) ☐    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d) ☐    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a–8);
(e) ☐    An investment adviser in accordance with §240.13d–1(b)(1)(ii)(E);
(f)      An employee benefit plan or endowment fund in accordance with §240.13d–1(b)(1)(ii)(F);
(g) ☐    A parent holding company or control person in accordance with §240.13d–1(b)(1)(ii)(G);
(h) ☐    A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)  ☐    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a–3);
(j) ☐    A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J);
(k) ☐    Group, in accordance with §240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with§240.13d–1(b)(1)(ii)(J), please specify the type of institution: ________________________________

 

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially owned: See Item 9 on the cover page(s) hereto.

(b) Percent of class: See Item 11 on the cover page(s) hereto.

(c) Number of shares as to which each Reporting Person has:

(i) Sole power to vote or to direct the vote: See Item 5 on the cover page(s) hereto.

(ii) Shared power to vote or to direct the vote: See Item 6 on the cover page(s) hereto.

(iii) Sole power to dispose or to direct the disposition of: See Item 7 on the cover page(s) hereto.

(iv) Shared power to dispose or to direct the disposition of: See Item 8 on the cover page(s) hereto.

 

Item 5.

Ownership of 5 Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following   


Item 6.

Ownership of More than 5 Percent on Behalf of Another Person.

Not Applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not Applicable.

 

Item 8.

Identification and Classification of Members of the Group.

Not Applicable.

 

Item 9.

Notice of Dissolution of Group.

Not Applicable.

 

Item 10.

Certifications

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect other than activities solely in connection with a nomination under §240.14a-11.

Signatures

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: February 8, 2022     CH INVESTMENT PARTNERS, L.L.C.
    By:   Oak Lawn Capital Management, L.P.
    Its:   Manager
    By:   I35 Advisors, Inc.
    Its:   General Partner
    By:  

/s/ Michael Silverman

    Name:   Michael Silverman
    Title:   Co-President
    OAK LAWN DIRECT INVESTORS, L.L.C.
    By:   I35 Advisors, Inc.
    Its:   General Partner
    By:  

/s/ Michael Silverman

    Name:   Michael Silverman
    Title:   Co-President
    BLUE INVESTORS, L.L.C.
    By:   Oak Lawn Direct Investors GP, L.L.C.
    Its:   Managing Member
    By:   I35 Advisors, Inc.
    Its:   Manager
    By:  

/s/ Michael Silverman

    Name:   Michael Silverman
    Title:   Co-President


BLUE WAREHOUSE, L.L.C.
By:   Oak Lawn Direct Investors GP, L.L.C.
Its:   Managing Member
By:   I35 Advisors, Inc.
Its:   Manager
By:  

/s/ Michael Silverman

Name:   Michael Silverman
Title:   Co-President
CHCP DIRECT INVESTORS (OWL ROCK), L.P.
By:   Oak Lawn Direct Investors GP, L.L.C.
Its:   General Partner
By:   I35 Advisors, Inc.
Its:   Manager
By:  

/s/ Michael Silverman

Name:   Michael Silverman
Title:   Co-President
KIRK L. RIMER
By:  

/s/ Kirk L. Rimer

MICHAEL R. SILVERMAN
By:  

/s/ Michael R. Silverman