Blue Owl climbs after Q3 profit beat, record AUM

** Alternative asset manager Blue Owl Capital's OWL.N shares rise 2.9% to $9.95 premarket

** OWL beats estimates for third-quarter profit, helped by stronger fee-related earnings as assets under management hit a record $330 billion

** Quarterly adjusted distributable earnings rise to 24 cents per share, from 22 cents a year earlier, beating analysts' estimate of 23 cents

** "We view the print as modestly positive – headline results beat, but repeatable fee growth is still waiting on deployment and wealth-channel fundraising - brokerage Evercore

** 10 of 17 brokerages rate the stock "buy" or higher and 7 "hold"; median PT $11 - LSEG data

** As of last close, OWL shares down 35.3% YTD