2024-04-04 13:11:38 ET
Summary
- Blue Owl Capital is acquiring Kuvare Asset Management for $750 million, increasing its assets under management.
- The acquisition will add up to $20 billion in AUM for Blue Owl and support the launch of Blue Owl Insurance Solutions.
- The deal should strengthen Blue Owl's shareholder-friendly approach, driving both share price and the company's rapid dividend growth.
- I see Blue Owl as a Strong Buy for investors, one that may produce exceptional results for years to come.
Introduction
I covered Blue Owl Capital ( OWL ) in a very recent Seeking Alpha piece . The company has been riding a wave of impressive and consistent successes based on a formidable strategy and aggressive execution. OWL’s leadership is bold and confident, optimistic and strategic minded....
Read the full article on Seeking Alpha
For further details see:
Blue Owl Capital Makes A Promising Strategic Acquisition