Blue Owl Capital Expands Family Capital Division
In a significant move that could reshape its approach towards high-net-worth clients,
Blue Owl Capital Inc. has announced the appointment of
Blake Shorthouse as the Global Head of Family Capital. With his extensive experience in financial markets and client management, his addition to the Blue Owl team is expected to deepen relationships with Family Offices across the globe.
Experience and Vision
Blake Shorthouse brings three decades of financial experience to Blue Owl, focusing on building and maintaining relationships with Family Offices. Prior to this new role, he was instrumental at KKR, where he spent ten years leading Family Capital initiatives in both EMEA and Asia. His background also includes significant roles in wealth management at Credit Suisse and UBS, where he catered to Ultra High Net Worth (UHNW) individuals.
In his new position based in
London, Blake will report to
James Clarke, the Global Head of Blue Owl's Institutional Business. Clarke remarked, "Blake has long experience cultivating trusted relationships with some of the largest Single-Family Offices around the globe," highlighting the trust and credibility Blake has built over his career.
Strengthening Relationships
As part of its mission to enhance Family Office relationships, Blue Owl Capital aims to transcend mere client transactions. Blake is excited to build on the foundation already laid by Blue Owl, having attracted a diverse clientele, particularly Family Offices, through its innovative offerings in private markets. He stated, "Many of Blue Owl's first clients were Family Offices, attracted by our pedigree of innovation in private markets. I'm thrilled to add new resources and enhance our capability to serve these communities."
With over 250 Family Office clients and more than
$6 billion in equity commitments, Blue Owl's investment strategies have gained significant traction among Family Offices. Blake's leadership is expected to enhance these capabilities significantly, ensuring that Blue Owl not only attracts but also retains prestigious Family Office clients by providing tailored solutions that resonate with their unique investment needs.
James Clarke emphasizes the commitment Blue Owl has not just to their funds but to the entirety of the Family Capital ecosystem: "Blake's experience and partnership-first approach will position Blue Owl as an essential partner for Family Offices, greatly enhancing our standing in the investment landscape."
About Blue Owl Capital
Blue Owl Capital (NYSE: OWL) is a premier asset manager redefining the alternative investment space. With over
$250 billion in assets under management as of
December 31, 2024, the firm operates through three primary multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. Highlighting its commitment to serve a variety of investors, Blue Owl provides differentiated investment solutions aimed at delivering robust performance and capital preservation.
With over
1,100 skilled professionals globally, Blue Owl aims to create exceptional value in the realm of alternative investments. For further insights into their offerings, visit
www.blueowl.com.
Conclusion
Blake Shorthouse's onboarding marks a pivotal evolution for Blue Owl Capital in its dedication to serving the Family Capital market. As investment landscapes evolve, having a leader with his pedigree can only fortify Blue Owl's competitive edge and enhance its reputation as a cornerstone for Family Offices seeking innovative capital solutions.