Partnership will target mid-sized private market managers
NEW YORK and ABU DHABI, UAE,
The joint venture will seek to acquire minority stakes in private market investment managers with fee-paying assets under management of less than
Lunate invests primarily in private markets through a multi-asset class approach, including private equity, venture capital, private credit, real assets, and public equities and public credit. Lunate, together with Blue Owl's GP Strategic Capital platform, a market leader in GP minority investing, will create a powerful and differentiated proposition in the mid-market segment for GPs seeking growth capital and strategic partnerships.
"We are excited to partner with Lunate, which is a leading global private markets solutions provider based out of
"Our joint venture with Blue Owl speaks to Lunate's aim of identifying and investing in a mid-sized GP Stakes Strategy that will enable our clients to participate in the broader dynamics of private markets investing" said
About Blue Owl Capital
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.
With
Together with over 650 experienced professionals in more than 10 offices globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com
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Forward Looking Statements
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "would," "should," "future," "propose," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law.
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Investor Contact:
Head of Investor Relations
blueowlir@blueowl.com
Media Contact:
Principal, Corporate Communications & Government Affairs
nick.theccanat@blueowl.com
About Lunate
Lunate is a new
Media Contact:
For any media inquiries, please contact media@lunate.com
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SOURCE Blue Owl Capital