Blue Owl Capital IncBlue Owl's asset management unit to be acquired by Kuvare, and Arctos investment may benefit Blue Owl
KKR & Co.'s Arctos unit is reportedly considering an investment of at least $250 million in an insurer whose assets are partly managed by Blue Owl Capital, according to people familiar with the matter. The preferred equity investment is expected to come out of the $6.2 billion Arctos Keystone Partners Fund I, which provides financing for alternative asset managers. In 2024, Blue Owl agreed to buy $250 million of preferred equity in the insurer Kuvare and to acquire its asset management unit. Arctos, based in Dallas, Texas, is the largest institutional investor in professional sports franchises and a recognized innovator in providing strategic capital to asset management firms through structured solutions.
Blue Owl Capital IncBlue Owl's asset management unit to be acquired by Kuvare, and Arctos investment may benefit Blue Owl
Blue Owl Capital Corporation
KKR & Co. Inc.Arctos unit considering at least $250 million investment in insurer partly managed by Blue Owl
Blackstone Group IncKuvare receives preferred equity investment and sells asset management unit to Blue Owl