Blue Owl Capital completed the acquisition of Oak Street Real Estate Capital for $950m.

Blue Owl Capital, an asset management firm, completed the acquisition of Oak Street Real Estate Capital , a private equity real estate firm, for $950m. "Oak Street has created a market-leading platform in the net lease sector, leveraging the expertise and disciplined underwriting of its investment team to generate very strong returns for its investors. We believe their focus on flexible real estate related financing solutions will be very complementary to our existing Direct Lending and GP solutions capabilities," Marc Lipschultz, Blue Owl Co-Founder and Co-President.