Blue Owl Capital Inc. (NYSE: OWL), a leading alternative asset manager, announced today the completion of its acquisition of Prima Capital Advisers from funds managed by Stone Point Capital LLC. The transaction was previously announced in April 2024.
Prima, founded in 1992 by Gregory White, is a real estate lender focused primarily on investing in commercial mortgage-backed securities. As of March 31, 2024, Prima had approximately $10 billion of assets under management and forms the base of Blue Owl’s Real Estate Finance strategy.
About Blue Owl
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.
With over $174 billion in assets under management as of March 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional and individual investors differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.
Together with over 725 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.