Blue Owl acquires Prima Capital for $170M

11 Apr 2024 CW Team

Blue Owl, a U.S.-based alternative asset manager, has finalised a deal to purchase Prima Capital Advisors for $170 million. This acquisition marks a strategic move by Blue Owl to broaden its portfolio and strengthen its presence in the financial services sector. Prima Capital Advisors, a boutique investment firm specialising in real estate, brings a wealth of expertise and a diversified client base to Blue Owl's platform.

The transaction is expected to enhance Blue Owl's capabilities in real estate investments, allowing it to offer a wider range of services to its clients. Prima Capital Advisors' seasoned team of professionals and established track record in the industry are seen as valuable assets that will complement Blue Owl's existing operations.

The acquisition comes at a time when the alternative asset management industry is experiencing significant growth and consolidation. By joining forces, Blue Owl and Prima Capital Advisors aim to capitalise on emerging opportunities in the market and deliver enhanced value to their stakeholders.

Commenting on the acquisition, representatives from both companies expressed enthusiasm about the synergies and growth prospects it offers. They emphasised their shared commitment to providing innovative solutions and superior investment performance to clients.

The deal is subject to regulatory approvals and customary closing conditions. Upon completion, Prima Capital Advisors will operate as part of Blue Owl's platform, leveraging its resources and network to drive further growth and success in the years ahead.

Infrastructure Urban

27 Jun 2026

RR Kabel features in Hurun India 500 list

RR Kabel has been featured in the 2025 Burgundy Private Hurun India 500, a list of India’s 500 most valuable companies. The list is compiled by Burgundy Private, Axis Bank’s private banking business, in partnership with Hurun India.The recognition highlights RR Kabel’s sustained growth, market leadership and long-term value creation in India’s consumer electrical sector. The annual list recognises companies that have contributed to India’s economic landscape through scale, performance and business value.The Burgundy Private Hurun India 500 ranks listed companies based on market capit..

Vedanta ranks among India’s top 100 workplaces

Vedanta Group has been recognised among India’s Top 100 Best Companies to Work For 2026 by Great Place to Work India. The recognition reflects the company’s focus on building a high-trust, high-performance and inclusive workplace across its businesses in natural resources, critical minerals, energy and technology.Over the past five years, Vedanta has enabled nearly Rs 25 billion in employee wealth creation through its broad-based Employee Stock Option programme. The company said the initiative is aimed at encouraging ownership and shared value creation across levels.Vedanta has also built ..

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..