Blue Owl Capital announced it has reached a final close for Blue Owl Strategic Equity, its strategic equity and secondaries strategy, with more than approximately $3 billion in total commitments raised across institutional and private wealth channels, as well as related accounts.
The New York based firm said the strategy is designed to provide long term capital solutions to private equity sponsors that want to extend ownership in top performing portfolio companies, often through continuation vehicles and other minority equity transactions. Blue Owl positioned the raise as a sign of increasing sponsor and investor participation in single asset and minority equity deals, which have grown as sponsors look to hold high conviction assets longer while bringing in aligned capital partners.
Blue Owl said the fundraising drew a diversified client base across its global private wealth and institutional distribution platforms. The firm added that it expects continued demand from private equity managers and portfolio company management teams seeking longer duration capital structures in a segment it described as structurally underpenetrated but increasingly important within the secondary market.
KEY QUOTES
“We’re very pleased with the strong reception to our strategy, which reflects the growing need for private capital solutions across the market. Sponsors are looking for long-term, aligned capital to support high-conviction assets, and BOSE is designed to meet that demand at scale. Our expansion into this strategy further demonstrates the breadth and reach of the Blue Owl platform.”
Doug Ostrover and Marc Lipschultz, Co-CEOs, Blue Owl Capital
“We’re deeply grateful for the strong support from our investors, who have been instrumental in achieving this milestone. We also continue to be highly encouraged by the level of interest BOSE is receiving from private equity managers and their management teams as they look for long-term capital solutions. We remain highly energized by the growth and momentum in the market and look forward to continuing to deploy capital into high-quality opportunities on behalf of our clients.”
Chris Crampton, Senior Managing Director and Head of Strategic Equity, Blue Owl Capital
“This strategy’s success reinforces Blue Owl’s position in a rapidly evolving GP-led market and reflects the trust investors place in our team and our approach. It highlights the coordinated efforts of our investment and distribution teams to deliver differentiated, access-driven opportunities to clients across both institutional and private wealth channels and serves as a meaningful validation of our role within the secondary market.”
Hugh Boyle, Managing Director and Strategic Equity Product Specialist, Blue Owl Capital
