Blue Owl Capital (OWL) has entered into a definitive agreement to acquire the business of digital infrastructure fund manager IPI Partners, LLC from an affiliate of ICONIQ Capital and an affiliate of Iron Point Partners for a purchase price of approximately $1.0 billion. This will be comprised of approximately 80 percent Blue Owl equity and approximately 20 percent cash. The acquisition is expected to be neutral to Blue Owl's earnings in 2025 and modestly accretive in 2026.
IPI has approximately $10.5 billion in assets under management as of June 30, 2024. It was founded in 2016 as a joint venture between ICONIQ and Iron Point to service the needs of hyperscale and enterprise datacenter users.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.