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His initial focus will be on scaling Blue Owl's Abu Dhabi and Dubai offices, the former of which will serve as the company's flagship office in the region.
Alternative asset managers have increasingly pursued minority stake sales for liquidity, with founders often using proceeds to back new strategies or invest in new funds.
The deal represents an ongoing trend of larger private credit firms acting as the sole lender in minor deals by being able to offer pricing and terms that other smaller lenders can’t compete with.