Blue Owl Pushes Into Real Estate Finance With Prima Purchase (1)

Blue Owl Capital Inc. is launching a real estate finance strategy with the purchase of Prima Capital Advisors and the hiring of Jesse Hom from GIC Pte to spearhead the efforts, according to a statement that confirms an earlier Bloomberg News report.

The New York-based alternative asset manager is paying $170 million for real estate lender Prima, which is majority-owned by Stone Point Capital LLC, according to the statement. Prima’s employees are expected to join Blue Owl once the deal closes, which will likely be in the second or third quarter of this year.

Jesse Hom

Source: Safehold/PR Newswire

As part of the push, ...