Real Assets, Digital Infrastructure Associate

blueowl; Chicago (IL); On-site; USD 150,000 - 160,000; Full time

Job summary

Blue Owl is seeking a Digital Infrastructure Associate to support investment and management of digital infrastructure opportunities. Based in Chicago, you will build detailed underwriting models, prepare memos for committees, and assist in due diligence across buy/sell processes.

The role requires 2–4 years of relevant experience, proficiency in MS Excel/PowerPoint/Word, and a strong academic background. A discretionary bonus may be available based on performance.

Qualifications

• 2-4 years of relevant work experience in real estate, infrastructure, or finance roles.
• Strong financial modeling and analysis skills.
• Proficiency in MS Office required; attention to detail and presentation skills.

Responsibilities

• Develop underwriting models and financial analyses.
• Prepare materials for Investment Committee, lenders, and investors.
• Assist due diligence and execution on buy/sell-side transactions.
• Screen investment opportunities and perform market research.
• Support ongoing asset and fund management duties.
• Engage in business development and management meetings.

Skills

Financial modeling

Excel proficiency

Communication skills

Analytical thinking

Education

Bachelor's degree

Tools

MS Excel

PowerPoint

Word

Job description

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.

With over $319 billion in assets under management as of June 30, 2026, 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 over 1,380 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com

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.