Lender Blue Owl Capital Pushes Into Insurance

April 8, 2024 by Laura Cooper and Miriam Gottfried

One of Wall Street’s fastest-growing firms is pushing into one of the hottest corners of finance.

The lender Blue Owl Capital OWL  said Wednesday it is buying Kuvare Asset Management, an asset manager tied to the insurance industry. The deal gives Blue Owl exposure to the sought-after insurance market, which the private-markets investment firms have flocked to in recent years in their quest for more assets to manage.

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Originally Posted at The Wall Street Journal on April 3, 2024 by Laura Cooper and Miriam Gottfried.