Doug Ostrover and Marc Lipschultz, co-heads of Blue Owl Capital Inc., are set to acquire a stake in the NHL's Tampa Bay Lightning. The investment group will gain control of the team in three years, as announced in a recent statement from the organization.
Blue Owl Capital is set to enhance its infrastructure capabilities with the $1 billion acquisition of IPI Partners, adding approximately $10.5 billion in assets. The deal, primarily in stock, will bolster Blue Owl's digital infrastructure strategy and integrate IPI's 70 employees into its operations. The acquisition is expected to close in late 2024 or early 2025, following Blue Owl's recent purchases of Atalaya Capital Management and Kuvare Asset Management.
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