Blue Owl Capital appoints new head of private wealth EMEA

NEW YORK - Blue Owl Capital Inc. (NYSE: OWL), an alternative asset manager with a market capitalization of $32.1 billion and impressive revenue growth of 32.6% in the last twelve months, announced the appointment of Rosamond Price as Managing Director and Head of Private Wealth for Europe, the Middle East, and Africa (EMEA). Price, with a two-decade-long career in wealth management, will operate from the company’s London office. According to InvestingPro data, the company maintains a strong financial health score and has consistently raised its dividend for four consecutive years.

Price’s career includes significant roles at Brookfield Oaktree Wealth Solutions as EMEA Region Head and at PIMCO, where she held positions including Executive Vice President of the Consultant Relations Group. Her expertise encompasses developing distribution networks, overseeing investment due diligence, and managing investor relations.

Sean Connor, President & CEO of Global Private Wealth at Blue Owl, expressed confidence in Price’s ability to expand the firm’s private wealth business within the EMEA region. Connor underscored Price’s extensive experience in building relationships with wealth advisors, financial intermediaries, and distribution platforms as crucial to Blue Owl’s growth strategy.

Price, in her statement, highlighted Blue Owl’s commitment to product innovation, scaled distribution, and client education, which she believes positions the firm as a leader in the private wealth channel. She looks forward to advancing the company’s partnerships across EMEA and leveraging Blue Owl’s expertise in private markets for the wealth management sector.

Blue Owl, with over $250 billion in assets under management as of December 31, 2024, focuses on Credit, GP Strategic Capital, and Real Assets. It employs more than 1,100 professionals worldwide and serves over 125,000 clients. The company’s strong operational efficiency is reflected in its healthy gross profit margin of 59.9% and current ratio of 1.79, indicating solid liquidity management. InvestingPro analysis reveals 12 additional key insights about Blue Owl’s performance and potential, available to subscribers.

The information is based on a press release statement, and it should be noted that forward-looking statements involve risks and uncertainties that could affect actual performance or results. Blue Owl does not undertake any obligation to update forward-looking statements, which are based on current expectations and projections. For a comprehensive analysis of Blue Owl’s valuation and growth prospects, investors can access the detailed Pro Research Report, part of InvestingPro’s coverage of over 1,400 US equities, which transforms complex financial data into actionable intelligence.

In other recent news, Blue Owl Capital has been the subject of several analyst reports and management changes. Barclays (LON:BARC) initiated coverage on Blue Owl Capital with an Overweight rating and a $29 price target, citing the company’s strong position in private credit and private wealth management. JMP Securities also maintained a Market Outperform rating, setting a price target of $32, emphasizing Blue Owl’s potential for substantial growth and the predictability of its revenue streams. Meanwhile, TD Cowen raised its price target for Blue Owl to $30, maintaining a Buy rating and highlighting the company’s performance in Digital Infrastructure and Global Wealth Management.

In a notable management change, Blue Owl Capital announced the resignation of Sean Ward from his position as Senior Managing Director and Board member. The company assured that this departure is unrelated to its operations or financial controls. Additionally, the company has taken steps to comply with SEC regulations regarding this leadership change.

In a separate development, Wingspire Equipment Finance provided a $30 million capital lease to a key IT managed service provider, marking a continuation of their long-term financial partnership. This funding aims to support the MSP’s IT infrastructure investments and digital transformation efforts for its global clients.

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