EXHIBIT 24.1

                               POWER OF ATTORNEY

        Know by all these presents, that each of the undersigned do hereby
constitute and appoint Diane Tobin, signing singly, as each of the undersigned's
true and lawful attorney-in-fact to:

    1)  prepare, execute for and on behalf of each of the undersigned, in each
        of the undersigned's name, place and stead in any and all capacities
        related to securities held by each of the undersigned, any and all
        filings by each of the undersigned or each of Kirk L. Rimer, Michael R.
        Silverman, Oak Lawn Direct Investors GP, L.L.C. ("Oak Lawn"), I35
        Advisors, Inc. ("I35"), CH Investment Partners, L.L.C. ("CHIP"), ORCC
        III Warehouse, L.L.C. ("ORCC III Warehouse") ORCC III Investors, L.L.C.
        ("ORCC III Investors", and together with Mr. Rimer, Mr. Silverman, Oak
        Lawn, I35, CHIP and ORCC III Investors, the "Companies") with the United
        States Securities and Exchange Commission (the "SEC") (a) pursuant to
        Section 13 of the Securities Exchange Act of 1934 and the rules
        thereunder, as amended, and (b) pursuant to Section 16 of the Securities
        Exchange Act of 1934 and the rules thereunder, as amended, and with
        respect to either of the foregoing clauses (a) and (b), any other forms
        or reports each of the undersigned or the Companies may be required to
        file in connection with each of the undersigned's ownership,
        acquisition, or disposition of securities in Owl Rock Capital
        Corporation III;

    2)  do and perform any and all acts for and on behalf of each of the
        undersigned which may be necessary or desirable to complete, execute and
        deliver any such filing as described in paragraph (1) above, or other
        form or report, and timely file such form or report with the SEC and any
        stock exchange or similar authority; and

    3)  take any other action of any type whatsoever in connection with the
        foregoing which, in the opinion of such attorney-in-fact, may be of
        benefit to, in the best interest of, or legally required by, each of the
        undersigned, it being understood that the documents executed by such
        attorney-in-fact on behalf of each of the undersigned pursuant to this
        Power of Attorney shall be in such form and shall contain such terms and
        conditions as such attorney-in-fact may approve in such attorney-in-
        fact's discretion.

        Each of the undersigned hereby grants to each attorney-in-fact full
power and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as each of the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted. Each of the undersigned acknowledges that the
foregoing attorney-in-fact, in serving in such capacity at the request of each
of the undersigned, is not assuming, nor are the Companies assuming, each of the
undersigned's responsibilities to comply with Section 13 or Section 16 of the
Securities Exchange Act of 1934 and the rules thereunder, as amended.

        This Power of Attorney shall remain in full force and effect until each
of the undersigned is no longer required to file any such filing as described in
paragraph (1) above, unless earlier revoked by each of the undersigned in a
signed writing delivered to the foregoing attorney-in-fact.


        IN WITNESS WHEREOF, each of the undersigned has caused this Power of
Attorney to be executed as of December 30, 2020.


                                ORCC III WAREHOUSE, L.L.C.

                                By:     Oak Lawn Direct Investors GP, L.L.C.,
                                        its managing member

                                By:     I35 Advisors, Inc., its manager

                                By:     /s/ Kirk L. Rimer
                                        --------------------------------
                                Name:   Kirk L. Rimer
                                Title:  Co-president

                                ORCC III INVESTORS, L.L.C.

                                By:     Oak Lawn Direct Investors GP, L.L.C.,
                                        its managing member

                                By:     I35 Advisors, Inc., its manager

                                By:     /s/ Kirk L. Rimer
                                        --------------------------------
                                Name:   Kirk L. Rimer
                                Title:  Co-president

                                OAK LAWN DIRECT INVESTORS GP, L.L.C.

                                By:     I35 Advisors, Inc., its manager

                                By:     /s/ Kirk L. Rimer
                                        --------------------------------
                                Name:   Kirk L. Rimer
                                Title:  Co-president

                                I35 ADVISORS, INC.

                                By:     /s/ Kirk L. Rimer
                                        --------------------------------
                                Name:   Kirk L. Rimer
                                Title:  Co-president

                                CH INVESTMENT PARTNERS, L.L.C.

                                By:     Oak Lawn Capital Management, L.P.,
                                        its managing member

                                By:     I35 Advisors, Inc., its general partner

                                By:     /s/ Kirk L. Rimer
                                        --------------------------------
                                Name:   Kirk L. Rimer
                                Title:  Co-president

                                KIRK L. RIMER

                                /s/ Kirk L. Rimer
                                ----------------------------------------

                                MICHAEL R. SILVERMAN

                                /s Michael R. Silverman
                                ----------------------------------------