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Stock impact report

Owl Rock Announces Investment in Amergin Asset Management

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: PR Newswire
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Owl Rock, a division of Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), today announced that certain of its funds have made an initial equity commitment to Amergin Asset Management ("Amergin"), a newly formed portfolio company created to invest in a leasing platform focused on railcar and aviation assets.The capital will enable Amergin to build a diversified portfolio of assets, across rail and aviation. Amergin will be headquartered in Boca Raton, Florida and led by Mark McGreenery, a 35-year industry veteran who most recently served as the CEO of Infinity Transportation, a $2.2 billion AUM lessor of rail, aviation, and intermodal assets under the Global Atlantic umbrella. McGreenery was previously a Partner at Perella Weinberg where he was one of the key leaders for the Asset Based Value Fund from 2008-2016.In addition, Amergin will be led by a senior management team made up of seasoned executives who previously worked with McGreenery and have Show less Read more
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