AcquisitionsThe acquisition of IPI is expected to account for 4%-5% of firmwide management fees and FRE, with healthy growth in coming years.
Financial PerformanceFirmwide AUM increased 7% sequentially to $251B, while fundraising was robust, totaling a record $9.5B of new equity capital.
Growth OpportunitiesOWL's exposure to this attractive part of the market will serve as a meaningful driver of growth, enhancing the firm’s footprint in existing fundraising channels and potentially expanding growth opportunities in Wealth, Insurance, and outside the US.
ValuationAnalysts see the current valuation levels as an attractive entry point, providing a favorable risk/reward ratio.