DJIA39807.37 47.29
S&P 5005254.35 5.86
NASDAQ16379.46 -20.06
Russell 20002120.20 4.00
German DAX18504.51 29.45
FTSE 1007952.62 20.64
CAC 408205.81 1.00
EuroStoxx 505082.85 0.10
Nikkei 22540369.44 201.37
Hang Seng16541.42 148.58
Shanghai Comp3010.66 17.52
KOSPI2745.82 -9.29
Bloomberg Comm IDX99.49 1.18
WTI Crude-fut87.00 1.32
Brent Crude-fut83.15 1.80
Natural Gas1.76 0.05
Gasoline-fut2.72 0.04
Gold-fut2238.40 26.20
Silver-fut24.92 0.23
Platinum-fut921.10 11.20
Palladium-fut1021.50 26.00
Copper-fut400.70 -0.30
Aluminum-spot1815.00 0.00
Coffee-fut188.85 -1.80
Soybeans-fut1191.50 -1.00
Wheat-fut560.25 12.75
Bitcoin70074.00 -577.00
Ethereum USD3542.16 -21.19
Litecoin103.49 9.23
Dogecoin0.21 0.00
EUR/USD1.0802 0.0007
USD/JPY151.41 0.10
GBP/USD1.2642 0.0011
USD/CHF0.9002 -0.0010
USD IDX104.55 -0.01
US 10-Yr TR4.206 0.01
GER 10-Yr TR2.294 0.002
UK 10-Yr TR3.946 0.01
JAP 10-Yr TR0.732 0.026
Fed Funds5.5 0
SOFR5.33 0.01

Connect Money In Your Inbox.

Sign up to get the most important news on the business of financial services delivered daily.

Sub Markets

Property Sectors

Topics

Alternative Assets  + Private Equity  | 
Blue Owl Capital Taps Former Goldman Sachs PE Investor to Lead New Strategic Equity Strategy

Blue Owl Capital Taps Former Goldman Sachs PE Investor to Lead New Strategic Equity Strategy

The $138.2 billion alternative asset manager Blue Owl Capital has hired former Goldman Sachs private markets investor Chris Crampton as managing director to lead the firm’s new Strategic Equity Strategy.

The new business will focus on single-asset GP-led secondary transactions, or continuation fund investments – a private equity secondary transaction that allows managers to extend the length of time they own their best assets.

“Continuation funds are a nascent but rapidly growing asset class with significant opportunity and potential for Blue Owl’s investors and private equity partners,” said Crampton.

The effort will benefit from New York-based Blue Owl’s direct lending and GP capital solutions divisions, with fundraising targeting both institutional investors and private wealth channels.

Crampton previously served as a Partner and Head of Services and Industrials private equity investing within the Merchant Banking and Asset Management Divisions of Goldman Sachs, investing in traditional buyout, infrastructure, growth and technology, hybrid equity, and distressed and private credit funds.

“Creating a complementary equity and secondaries strategy for our clients is a natural extension of Blue Owl’s existing business given our sizable origination funnel and deep relationships with leading financial sponsors,” added Doug Ostrover, CEO and Co-Founder of Blue Owl Capital.

Connect

Inside The Story

Blue Owi Capital

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

New call-to-action
New call-to-action