Blue Owl Capital Completes Acquisition of Kuvare Asset Management

Blue Owl Capital Inc. (“Blue Owl”) has officially completed its acquisition of Kuvare Insurance Services LP, also known as Kuvare Asset Management (KAM). This acquisition, which was announced back in April 2024, solidifies Blue Owl’s position as a leading alternative asset manager in the industry.

KAM, a boutique investment management firm, boasts approximately $20 billion in assets under management as of May 31, 2024. The firm specializes in providing asset management services to the insurance industry, including Kuvare UK Holdings.

With the acquisition of KAM, Blue Owl is now able to launch Blue Owl Insurance Solutions, a new division that will cater specifically to the insurance market. This move will allow Blue Owl to expand its reach and provide a broader range of services to insurance clients.

The establishment of Insurance Solutions is a strategic move for Blue Owl, as it will help the firm grow its relationships with insurance companies and tap into a larger pool of capital. This expansion will further solidify Blue Owl’s position as a key player in the industry.

Blue Owl, with over $174 billion in assets under management as of March 31, 2024, is known for its multi-strategy investment platforms in Credit, GP Strategic Capital, and Real Estate. The firm aims to provide private capital solutions to businesses for long-term growth and offer alternative investment opportunities to institutional investors, individual investors, and insurance companies.

Overall, the completion of the acquisition of KAM marks an important milestone for Blue Owl as it continues to redefine alternatives in the asset management industry. To learn more about Blue Owl and its services, visit www.blueowl.com.