Stay informed with the latest updates on Blue Owl’s expansion and acquisitions in the private equity industry

Blue Owl, a prominent alternative asset manager on Wall Street, is set to continue its expansion through strategic acquisitions, according to co-founder Marc Lipschultz. The New York-based investment group is eyeing opportunities in the infrastructure and asset-backed debt sectors to further diversify its business beyond arranging financing for private equity groups.

Since going public in 2021, Blue Owl has been on a buying spree, using its listed stock as a financing tool to fuel its growth. Recent acquisitions include Oak Street, a real estate specialist, and Kuvare Asset Management, a player in the life insurance sector. These moves have helped triple Blue Owl’s assets under management to $174 billion, with its credit operations accounting for $91 billion.

The company’s strong performance has also been reflected in its financial results, with a 15% increase in distributable profits reported in the first quarter of this year. Analysts have been impressed by Blue Owl’s growth trajectory, with its shares rising nearly 75% over the past year, outpacing the S&P 500.

Despite concerns raised by regulators and monetary authorities about risks in the private credit market, Lipschultz remains confident in Blue Owl’s ability to weather any potential challenges. He noted that the company has not seen any signs of credit stress from higher interest rates, with defaults remaining low.

As Blue Owl continues to expand its footprint in the private credit industry, investors will be watching closely to see how the company navigates the evolving financial landscape and capitalizes on new opportunities for growth.