Blue Owl Capital Completes Acquisition of IPI Partners’ Business

Blue Owl Capital Inc. (NYSE: OWL), a leading alternative asset manager, announced today the completion of its previously announced acquisition of the business of digital infrastructure fund manager IPI Partners, LLC.

As of September 30, 2024, IPI had over $11 billion of assets under management. IPI’s Managing Partner, Matt A’Hearn has been appointed Head of Blue Owl’s digital infrastructure strategy and will report to Blue Owl Co-President and Head of Real Estate Marc Zahr.

The completion of the acquisition of IPI’s business further enhances Blue Owl’s digital infrastructure strategy as part of the firm’s Real Estate platform.

About Blue Owl:

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.

With $235 billion in assets under management as of September 30, 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 investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,050 experienced professionals, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.