Blue Owl opens Abu Dhabi office to expand Middle East footprint

1 min read     Updated on 09 Jun 2026, 06:17 PM
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Blue Owl Capital opened a new office in ADGM, Abu Dhabi, on June 9, 2026, to strengthen its global and regional footprint. The office will serve as the regional headquarters for the Middle East and is the firm's seventh office in the EMEA region. This expansion underscores Blue Owl's long-term commitment to the region and its focus on supporting clients.

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Blue Owl Capital opened a new office in ADGM, Abu Dhabi, on June 9, 2026, strengthening its global and regional footprint. The office will serve as the regional headquarters for the Middle East and is the firm's seventh office in the EMEA region and its twenty-third globally. This expansion underscores Blue Owl's long-term commitment to the Middle East and its focus on supporting clients in the region.

The new Abu Dhabi office is comprised of members of Blue Owl's Institutional Capital and GP Stakes teams. It will help the firm expand its presence in the UAE, a preeminent global financial hub supported by world-class institutional investors and ADGM's internationally recognized regulatory framework.

Haitham Abdulkarim, Managing Director and Senior Executive Officer of Blue Owl's Abu Dhabi office, emphasized the strategic importance of the region. "Over the last decade, the Middle East has emerged as both a strategic global market and a sophisticated investor across asset classes, particularly alternatives," said Abdulkarim. "We believe proximity to clients is fundamental to understanding their objectives and building lasting partnerships."

Doug Ostrover and Marc Lipschultz, Co-Chief Executive Officers of Blue Owl, highlighted the firm's existing relationships in the region. "With longstanding relationships in the Middle East, establishing an office in Abu Dhabi was a natural next step as we continue to deepen our work and relationships in both the UAE and the broader region," they said. "Today's announcement reflects our conviction in this incredibly important area and our commitment to strengthening the relationships we have developed over many years."

Arvind Ramamurthy, Chief Market Development Officer at ADGM, welcomed the firm. "We are pleased to welcome Blue Owl to ADGM as it continues to expand its presence in the region," said Ramamurthy. "The firm's decision to establish an office in Abu Dhabi reflects the growing depth and sophistication of the region's private capital landscape, as well as the increasing role ADGM plays in connecting global asset managers with institutional investors."

Blue Owl is a leading asset manager with $315 billion in assets under management as of March 31, 2026. The firm invests across three multi-strategy platforms: Credit, Real Assets, and GP Strategic Capital. It operates with over 1,390 experienced professionals globally.

How will Blue Owl's presence in Abu Dhabi influence its asset allocation strategies across the Middle East?

What specific growth targets does Blue Owl aim to achieve in the Middle East over the next five years?

How might other global asset managers respond to Blue Owl's expansion in the region?

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