
Blue Owl buys Asia-based placement agent
US alternative asset manager Blue Owl Capital has acquired Hong Kong placement agent Ascentium with a view to establishing a physical presence in the territory and pursuing a broader regional expansion.
Financial terms were not disclosed. Ascentium will be renamed Blue Owl Capital HK, and its CEO, James Lee, will serve as head of Blue Owl’s institutional sales team in Asia. It follows closely on the...
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