Real Assets, Digital Infrastructure Associate

Blue Owl Capital; Illinois; On-site; USD 150,000 - 160,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

Blue Owl Capital is seeking a Digital Infrastructure Associate in Chicago to support investing and managing digital infrastructure opportunities. The role is based in Chicago and involves building underwriting models, preparing materials for committees, and assisting due diligence.

The position emphasizes financial modeling, research, and real estate/digital infrastructure valuation, with an expectation of strong presentation and communication skills.

Qualifications

• 2-4 years of relevant work experience in real estate or infrastructure.
• Aptitude for financial modeling and underwriting.
• Proficiency in MS Excel, Word, and PowerPoint.
• Strong attention to detail and communication skills.
• Excellent academic background.

Responsibilities

• Develop detailed underwriting models and financial analyses.
• Prepare materials for Investment Committee and lenders.
• Assist due diligence and deal execution on buy/sell sides.
• Screen potential investment opportunities.
• Perform primary and secondary market research.
• Support ongoing asset and fund management.
• Travel for business development and meetings.

Skills

Financial modeling

Research

Real estate valuation

Communication

Attention to detail

Presentation skills

Tools

Excel

Word

PowerPoint

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.