Blue Owl Capital has opened a new office in the ADGM, establishing its regional headquarters in the UAE.
The alternative asset manager is expanding its physical footprint to deepen ties with Middle Eastern institutional investors. The new base will house members of the firm’s institutional capital and general partner stakes teams.
“Over the last decade, the Middle East has emerged as both a strategic global market and a sophisticated investor across asset classes, particularly alternatives,”
said Haitham Abdulkarim, Managing Director and Senior Executive Officer of the Abu Dhabi office at Blue Owl Capital.
The move marks the seventh office for the firm in the Europe, Middle East, and Africa region, bringing its global footprint to 23 locations.
“We are pleased to welcome Blue Owl to ADGM as it continues to expand its presence in the region,”
said Arvind Ramamurthy, Chief Market Development Officer at ADGM.
Ramamurthy noted that the addition of global asset managers broadens the range of capabilities and expertise within the financial centre.
Featured image credit: Edited by Fintech News UAE, based on image by ghiska via Magnific
