Market Chatter: Blue Owl Plans 'Big Push' Into Insurance
MT newswire2026/10/07 08:3804:38 AM EDT, 10/07/2026 (MT Newswires) -- Blue Owl (OWL) plans to expand its insurance business to gain more long-term capital for new investments, Co-Chief Executive Doug Ostrover said at a Financial Times and Latham & Watkins conference in London, the Financial Times reported Wednesday. Ostrover said Blue Owl, an alternative asset manager, does not plan to buy an insurer outright, as some rivals have done, the Financial Times reported, adding that the company plans to pursue a "balance-sheet-light" approach to managing insurance capital. Blue Owl recently hired insurance executive Deva Mishra to help develop its strategy of managing more money for the insurance industry, the Financial Times reported. Representatives from Blue Owl did not immediately respond for a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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