Blue Owl Plans Big Push Into Insurance Capital, FT Reports

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Blue Owl is planning to increase the amount of insurance capital under its management, according to the Financial Times, citing comments from co-chief executive Doug Ostrover at a summit. "We're realising that if we had a bigger pool of capital, meaning insurance capital, we could provide really unique solutions . . . It's something we're going to make a big push in," Ostrover told the Financial Times. Ostrover added, however, that Blue Owl will not acquire an insurer outright.

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Blue Owl plans a big push to grow insurance capital under management, expanding its capital base to offer unique solutions.