Blue Owl and Constellation Wealth Capital completed an investment in Cresset.

Synopsis

Blue Owl, an alternative asset management firm, and Constellation Wealth Capital, an alternative asset management platform dedicated to the wealth management sector, completed an investment in Cresset, a provider of investment advisory, family office and other services. Financial terms were not disclosed.

Principals

target

Cresset Asset Management

bidder

Blue Owl Capital

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Market Context