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Stock impact report

KKR Veteran Joins Blue Owl to Lead Global Family Office Push [Yahoo! Finance Canada]

Blue Owl Capital Inc. Class A (OWL) 
alternative asset giant Blue Owl Capital Inc. to expand its offering to the world's ultra-wealthy. Most Read from Bloomberg Blake Shorthouse is joining the New York-based firm as global head of family capital, according to a statement Monday. He will be based in London and report to James Clarke, global head of Blue Owl's institutional business. Shorthouse, 53, left KKR after about a decade at the US firm, where he led teams focusing on family offices worldwide, including in Europe, Middle East and Africa, Bloomberg News reported in January. “We want to enhance family office relationships” and Shorthouse has “experience cultivating trusted relationships with some of the largest single-family offices,” Clarke said. Industry giants including Blue Owl, KKR and Apollo Global Management Inc. are targeting the world's wealthy to fuel the next phase of growth for private equity, credit and other alternative assets. It's an opportunity that's been turbocharged by hopes US President Show less Read more
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