Bloomberg Talks Blue Owl Co-CEO Marc Lipschultz Talks Private Markets; Interest Rates
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Dec 11, 2024 Marc Lipschultz, Co-CEO of Blue Owl Capital, dives into the evolving landscape of private markets. He emphasizes the critical role these markets will play in the future, particularly amid rising competition and sustained high interest rates. Lipschultz discusses the implications of recent acquisitions and the shift of major firms like BlackRock towards alternative credit. He highlights potential growth areas in direct lending and digital infrastructure while addressing the impact of inflation on the economy, showcasing a blend of caution and optimism.
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Blue Owl's Growth Strategy
- Blue Owl's future growth involves scaling, innovation, and diversification.
- Direct lending is a strong foundation, but alternative credit areas like asset-backed credit and digital infrastructure offer exciting new opportunities.
Oak Street Acquisition Success
- Blue Owl's acquisition of Oak Street, a market leader in triple net lease real estate, has seen significant growth.
- Their latest fund doubled in scale, demonstrating success in navigating a tumultuous real estate market.
Private Markets Importance
- BlackRock's acquisition of HPS signifies the growing importance of private markets.
- Private market solutions offer compelling risk-return profiles for investors, driving future growth.