Blue Owl Capital

Digital Infrastructure, Real Assets Associate

Chicago, IL (On-site)

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With over $295 billion in assets under management as of September 30, 2025, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation. Together with approximately 1,365 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com Job Description Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With $273 billion in assets under management as of March 31, 2025, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation. Together with over 1,200 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com. The Role Blue Owl is seeking a Digital Infrastructure Associate to support the team in investing and managing digital infrastructure opportunities. This role is based in Chicago. Responsibilities Develop detailed underwriting models and financial analyses that incorporate various scenarios and sensitivities Draft and prepare materials and memos to be presented to the Investment Committee, lenders, and investors Assist in managing all aspects of due diligence and execution of transactions on both the buy and sell-side Screening of potential investment opportunities Perform extensive primary and secondary research on a target investment's market, competitors, supply/demand, comps, etc. Assist in ongoing asset and fund management responsibilities Travel and participate in business development activities, including on-site tours, attending management meetings, and assisting with banking and other third-party relationships Special and ad hoc projects, as assigned Qualifications 2-4 years of relevant work experience, including transaction-oriented role in real estate or infrastructure (private equity, acquisitions, development) or financial role (investment banking, structured finance, project finance) Basic knowledge of real estate and/or digital infrastructure valuation and capital markets An aptitude for financial modeling, research, and real estate underwriting Proficiency in MS Excel, Word, and PowerPoint required Strong work ethic with acute attention to detail Thoughtful presentation and communication skills (written and oral) Ability to gather data, conduct critical assessments, demonstrate resourceful problem-solving skills, and present clear and concise conclusions from the analysis Excellent academic background Contribute to a positive culture and demonstrate selfless commitment It is expected that the base annual salary range for this Chicago based position will be $150,000 - $160,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance. Blue Owl is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.