Marc Lipschultz

Co-Founder, President & Co-Chief Investment Officer

Owl Rock Capital Partners

New York, NY, USA

Biography

Marc S. Lipschultz is Co-Founder, President and Co-Chief Investment Officer at top alternative asset management firm, Owl Rock Capital Partners.

He has served in leading roles in private credit, private equity, and infrastructure over the past three decades. In 2016, Marc together with Craig Packer and Douglas Ostrover founded Owl Rock Capital Partners and in 2019 celebrated the IPO of Owl Rock Capital Corporation, a business development company managed by Owl Rock Capital, on the New York Stock Exchange.

Before establishing Owl Rock Capital Partners, Marc served on the Mangement Committee and as Global Head of Energy and Infrastructure at KKR. Prior to his tenure at KKR, Marc began his career at Goldman Sachs, where he specialized in mergers & acquisitions and principal investment activities.

As a committed philanthropist, Marc serves on the Board of Directors of the Mount Sinai Health System, the largest healthcare system in New York City, and the 92nd Street Y, a nonprofit cultural and community center serving the people in New York City and the surrounding areas. He also sits on a range of boards for other entities, including the Hess Corporation, the American Enterprise Institute, Riverdale Country School, and the Michael J. Fox Foundation.

In 2012, Marc was recognized for his accomplishments in the private equity sector. He was ranked at number five on the Forbes Dealmaker 50, where he was credited for executing one of the largest and most rapid profits in recent private equity history.

Marc graduated from Harvard Business School with an MBA and earned a Bachelor of Arts in Economics from Stanford University.

Marc Lipschultz’s Newsfeed

The Economist

Can private-equity firms turn a crisis into an opportunity?

The strange nature of the recession may mean PE managers are unwilling to pull the plug, as activity is likely to resume after the shutdown. “There is a problematic gap,” says Marc Lipschultz, co-founder of Owl Rock, a private-credit fund. “We don’t know how deep or how wide it is, but funds need to find a bridge across.” And if PE-run firms cannot raise more debt, default or restructure their borrowings, the remaining option is an “equity cure”: PE shops stump up the cash to keep their firms afloat. Already around 70% of PE bosses polled by EY say they will need to inject fresh equity into their portfolio companies.

PR Newswire

Owl Rock Capital Appoints Nicole Drapkin and Jesse Huff as Co-Heads of Opportunistic Investing

Douglas Ostrover, Marc Lipschultz and Craig Packer, Co-Founders of Owl Rock Capital Partners, said: "We are thrilled to have two such talented, experienced and committed professionals leading our opportunistic investing efforts...We look forward to working closely with them both as they drive this key area for Owl Rock."

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Marc Lipschultz’s Background

Owl Rock Capital Partners

Co-Founder, President & Co-Chief Investment Officer

2016 - Present

New York, NY, USA

Owl Rock Capital Partners is a top alternative asset management firm that specializes in credit markets. The firm consists of a highly experienced investment team that has acquired knowledge and expertise from a range of industries.

KKR

Global Head of Energy and Infrastructure

1995 - 2015

New York, NY, USA

KKR is a leading global investment management firm. They have an industrialist vision and aim to generate attractive returns by pursuing excellence.

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Current Non-Executive Positions

Amerada Hess Corporation

Board Member

New York, NY, USA

The Hess Corporation is an international organization that offers energy solutions and produces crude oil and natural gases. The company was established as a result of Hess Oil and Chemical merging with Amerada Petroleum in 1968.

American Enterprise Institute

Board of Trustees

Washington, DC, USA

The American Enterprise Institute for Public Policy Research is a non-profit organization that is based in Washington, D.C and is built on the foundation of democracy and free market. The institute is a think tank that promotes research and conversation around social aid, economics and politics.

Philanthropy

Mount Sinai Health System

Board Member

New York, NY, USA

The Mount Sinai Health System is a healthcare network that consists of eight campuses based in the New York Metropolitan area. It was established in 2013 as a collaborative effort between Mount Sinai Medical Center and Continuum Health Partners.

92nd Street Y

Board Member

New York, NY, USA

Recognised as a community centre and a proudly Jewish organisation, 92nd Street Y provides a platform for all people to connect through culture, arts, entertainment and conversation.

Riverdale Country School

Board Member

New York, NY, USA

Riverdale Country School is an independent school in New York City that accommodates students from Pre-K through to the twelfth grade. In 2018, the school was ranked as the 5th best private school in New York City. The school is committed to developing minds, building character and creating a strong, positive community.

Belfer Center for Science and International Affairs at Harvard

International Council Member

Boston, MA, USA

Founded in 1973, the Belfer Center is a permanent research center located within Harvard University.

The Michael J. Fox Foundation

Board of Directors

2009 - Present

New York, NY, USA

The Michael J. Fox Foundation for Parkinson's Research was founded by Michael J. Fox in 2000 and is committed to discovering a cure for Parkinson’s disease. The foundation focuses on researching treatments and therapies that uplift patients and is currently the largest research organization for Parkinson’s disease in the world.

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Media

Bloomberg Daybreak: Americas

"Owl Rock Capital Gives Wall Street Its Very Own Unicorn"

Nov 2019

New York, NY, USA

Wall Street’s booming world of private credit has spawned a 4-year-old startup that’s suddenly worth $2.5 billion. Bloomberg’s Sonali Basak reports on "Bloomberg Daybreak: Americas."

Bloomberg - Direct Lender Owl Rock, Flush With IPO Cash, Ready to Spend

Interview

Jul 2019

New York, NY, USA

Marc and Owl Rock Capital Co-Founders, Craig Packer and Douglas Ostrover, are interviewed by Bloomberg’s Jason Kelly at the New York Stock Exchange. They discuss the launch of the firm’s shares on the New York Stock Exchange.

Publications

Bloomberg

"Wall Street’s Very Own Unicorn Emerges in Private Credit Frenzy"

Nov 2019

New York, NY, USA

In this article, the writers discuss the sale of a 20% minority stake of Owl Rock Capital to Neuberger Berman’s Dyal Capital Partners. “It was never about the value of the business, but this investment sets us up for the long run,” Marc Lipschultz, Co-Founder, President & Co-CIO of Owl Rock Capital, said in a phone interview. “It gives us capital to continue to raise funds and invest in them."

Awards

The Forbes Dealmaker 50

Listed - Number Five

2012

Marc was listed at number 5 on the 2012 Forbes Dealmaker 50 list for his accomplishments in private equity. In particular, he was lauded for executing one of the largest and most rapid profits in recent private equity history, the acquisition and sale of Hilcorp Resources.

Marc Lipschultz’s Education

Harvard Business School

M.B.A. with High Distinction, Baker Scholar

1993 - 1995

Stanford University

AB, Economics with Honors and Distinction

1987 - 1991