Blue Owl Capital Inc. (NYSE: OWL), a leading alternative asset manager, announced today the completion of its acquisition of Kuvare Insurance Services LP. The transaction was previously announced in April 2024.
KAM is a boutique investment management firm with approximately $20 billion of assets under management as of May 31, 2024. KAM is focused on providing asset management services to the insurance industry, including Kuvare UK Holdings.
Blue Owl’s acquisition of KAM enhances its ability to serve the insurance market at scale and marks the official launch of Blue Owl Insurance Solutions. Working seamlessly across the firm’s investment platforms, Insurance Solutions combines the focused alternatives approach with expanded industry capabilities to now serve insurance clients across a broader range of their needs.
The establishment of Insurance Solutions supports Blue Owl’s next stage of growth by expanding relationships with insurance companies and providing the firm with a large and diversified source of capital.
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 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 725 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.
