Sean Ward, Senior Managing Director at Blue Owl, brings experience from Blue Owl's $51.8 billion GP stakes vertical. He shares how the Blue Owl GP stakes strategy can deliver private equity-like returns through annual cashflow yield to LPs. And in today's "golden age for private credit," the returns can be in the mid-to-high teens. In a conversation with Anastasia Amoroso, Chief Investment Strategist at iCapital, they dive into the specifics of GP stakes investing in today's market and the potential returns.