Blue Owl Capital Inc. Completes Acquisition of Kuvare Asset Management

Blue Owl Capital Inc. Completes Acquisition of Kuvare Insurance Services LP, Launches Blue Owl Insurance Solutions

In an exciting development in the financial world, Blue Owl Capital Inc. has announced the successful completion of its acquisition of Kuvare Insurance Services LP, also known as Kuvare Asset Management (KAM). The acquisition, which was initially disclosed in April 2024, solidifies Blue Owl’s position as a leading alternative asset manager.

KAM, a boutique investment management firm with approximately $20 billion in assets under management as of May 31, 2024, specializes in providing asset management services to the insurance industry, including Kuvare UK Holdings. This strategic acquisition enhances Blue Owl’s ability to cater to the insurance market on a larger scale and marks the official launch of Blue Owl Insurance Solutions.

The newly established Insurance Solutions arm of Blue Owl will seamlessly integrate with the firm’s existing investment platforms, offering a comprehensive range of services to insurance clients. By combining a focused alternatives approach with expanded industry capabilities, Blue Owl aims to meet the diverse needs of insurance companies and drive long-term growth.

With over $174 billion in assets under management as of March 31, 2024, Blue Owl is a key player in the asset management industry. The company invests across three multi-strategy platforms – Credit, GP Strategic Capital, and Real Estate – providing private capital solutions to businesses and offering alternative investment opportunities to institutional investors, individual investors, and insurance companies.

The establishment of Blue Owl Insurance Solutions represents a significant milestone for the company, enabling it to expand relationships with insurance companies and access a diversified source of capital. This move underscores Blue Owl’s commitment to driving growth and delivering exceptional performance to its clients.

For more information about Blue Owl and its services, visit www.blueowl.com.

Contact:
Ann Dai
Head of Investor Relations
[email protected]

Nick Theccanat
Principal, Corporate Communications & Government Affairs
[email protected]

SOURCE Blue Owl Capital Inc.