WSJ Wealth Adviser Briefing: Slow and Steady Nestle, Tesla Financing Probed, Retirement Plan Rules

Feb 14, 2020 - MoneyBeat

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When Doug Ostrover left Blackstone Group in 2015 to launch a direct-lending firm, he had a simple strategy: Get big fast by charging much lower fees than the competition. The plan worked. Five years later, his Owl Rock Capital Partners invests about $16.5 billion from a Park Avenue office full of fleece-vested analysts poring over spreadsheets on oversize computer screens. ...