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Blue Owl: $1 Billion IPI Partners Acquisition Deal

Blue Owl Capital Inc. also known as Blue Owl is an American alternative investment asset management company founded in 2021 and headquartered in New York City. It offers private market solutions to various clients, including institutional investors, financial advisors, growth tech companies and insurance companies.

According to reports, Blue Owl has announced plans to acquire IPI partners a digital infrastructure fund manager for about $1 billion USD to expand its presence in the data center market.

The report further mentions that the deal is expected to close in the fourth quarter of 2024 and will add about $10.5 billion USD in assets under management to the company’s digital infrastructure business.

IPI Partners is a leading digital infrastructure investment firm founded in 2016 and headquartered in Chicago. It specializes in acquiring, developing and operating critical digital infrastructure assets like data centers.