From Quiet Lender to Wall Street Power Broker
- Miguel Virgen, PhD Student in Business

- Dec 16, 2025
- 4 min read
Not long ago, Blue Owl Capital was far from a household name in financial markets. The firm built its reputation by lending to midsize U.S. companies, providing flexible financing to businesses that often sat outside the spotlight of traditional Wall Street banks. One such borrower was Sara Lee Frozen Bakery, a solid but unglamorous business that typified Blue Owl’s early focus. At the time, its strategy fit neatly into the fast-growing but still relatively quiet world of private credit.
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