Blue Owl Capital to acquire IPI Partners for $1bn.

Blue Owl Capital, an alternative asset manager, agreed to acquire IPI Partners, a digital infrastructure fund manager, for $1bn. "The acquisition of IPI with its deep sector expertise complements our existing net lease strategy while providing an ideal opportunity to expand Blue Owl's digital infrastructure strategy. There is a massive market opportunity to finance data centers, matched by an increasing investor appetite for additional strategies investing behind cloud and AI-driven secular tailwinds. IPI's tenured investment team, preeminent LP-base and global scale in the digital infrastructure economy will enhance our suite of capital solutions and investment offerings, further strengthening our position as a partner of choice. Investors can benefit greatly from the combination of Blue Owl's triple net lease knowledge and IPI's depth in the data centers market," Doug Ostrover and Marc Lipschultz, Blue Owl Co-CEOs.