Managing Director, Assets Tax​/Chicago

Managing Director, Real Assets Tax - New York/Chicago About Blue Owl

Blue Owl (NYSE: OWL) is a leading asset manager 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 and individual investors differentiated alternative investment opportunities that aim to deliver strong performance, risk‑adjusted returns, and capital preservation.

We are seeking an accomplished Tax Managing Director to lead our tax function for the Real Assets business. This executive will shape tax planning, structuring and reporting across our global triple net, real‑estate credit and digital infrastructure platforms. The ideal candidate will combine deep technical expertise with strong leadership skills to ensure tax efficiency, compliance and strategic alignment with business objectives.

• Manage the day‑to‑day tax function for the Blue Owl Real Assets business
• Partner with investment, accounting, finance, fundraising and legal teams to align tax planning and operations with business goals
• Advise on tax implications of acquisitions, dispositions, restructurings and capital markets transactions and drive the tax analysis and necessary processes for deal structuring
• Develop and implement tax strategies that optimize firm‑wide investment structures, focusing on REITs and real‑estate‑related vehicles
• Manage new product structuring and fundraising support, including modeling, fund/investment structuring, investor calls and information for investor reporting
• Oversee US and international tax compliance, including managing quarterly and annual REIT tests, partnership allocations and carry, required tax distributions and tracking partnership/partner tax basis and capital accounts
• Manage relationships with tax advisors, external auditors and regulatory authorities
• Lead and develop a high‑performing tax team, fostering professional growth and technical excellence

• CPA Required
• Advanced degree in Taxation, Accounting or a related field
• 17+ years of progressive tax experience, including leadership roles in asset management, private equity or real‑estate sectors
• Proven track record advising on real‑estate structures, compliance and tax planning
• Strong knowledge of partnership taxation, corporate tax and international tax considerations
• Demonstrated ability to lead teams, manage complex projects and influence senior stakeholders
• Exceptional ability to convey complex tax concepts to non‑tax professionals

Base annual salary range: $250,000 – $300,000 (New York City‑based position). Employees may be eligible for a discretionary bonus based on 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.