Blue Owl Capital announced the opening of its new office within the Abu Dhabi Global Market (ADGM).
This establishment enhances Blue Owl’s regional and global presence while demonstrating its ongoing commitment to the Middle East and its aim to better serve clients in the area.
The firm’s expansion into Abu Dhabi aligns with its growth strategy, allowing it to meet clients within a jurisdiction that encourages long-term collaborations and institutional development.
Bain Capital and Hillhouse Investment are also moving executives to the GCC despite the Iran war. Industry analysts within ADGM spoke of the push to reintegrate and establish links in the UAE, with physical operations becoming more common, because of the fallout of the Iran war.
Blue Owl Capital is backed by Bahrain’s SWF, Mumtalakat, buying a stake in the firm in August FY25. The new office will serve as its regional headquarters in the Middle East, comprising members from its Institutional Capital and GP Stakes teams. This marks the firm’s seventh office in the EMEA region and its twenty-third globally.
The decision to establish a presence in Abu Dhabi reflects the firm’s longstanding relationships in the area and its commitment to deepening its engagement in the UAE and surrounding markets irrespective of the Iran war.
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