Blue Owl Capital Hires Pak-Seng Lai as Head of Private Wealth Distribution in APAC |

NEW YORK, February 17, 2022 /PRNewswire/ — Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL), a leading alternative asset manager, has hired Pak Seng Lai as Managing Director and Head of Private Wealth Distribution in APAC. Lai joined in January. In this role, Lai will spearhead the expansion of Blue Owl’s private banking business into APAC markets. Lai will be located in the cabinet hong kong office and will report to the CEO of Blue Owl Securities Derek O’Leary.

“Pak-Seng brings more than two decades of fundraising and portfolio building experience in global private markets,” O’Leary said. “Asia has a growing demographic of high net worth investors seeking access to alternative investments, and Pak-Seng’s deep expertise in the region will be invaluable in helping our private wealth business meet this demand.”

Blue Owl’s private banking business is focused on providing high net worth individuals access to the same market-leading products it offers to institutional clients. The firm has well-established relationships with over 85 private wealth management platforms, positioning the business to accelerate business growth with its push into Asia.

“I am thrilled to join Blue Owl and help bring its private wealth management business to APAC,” said Lai. “Blue Owl has established itself in the rapidly growing alternatives market and has a reputation for providing innovative capital solutions to sophisticated investors. Recently, the demand for alternative products globally has increased significantly and I believe Blue Owl is well positioned to provide access to these solutions for private wealth investors and advisors.”

Previously, Lai was responsible for private markets for Asia Pacific at UBS AG where he advised on private equity investments and portfolio construction for the company in the region. Prior to UBS, Lai held various senior positions at global alternative asset managers including HQ Capital and Schroder Adveq. He has also held positions at private equity firms 3W Partners Capital, Vision Knight Capital and Transpac Capital.

In December 2021Blue Owl Acquired hong kong-based in Ascentium to further establish its presence in Asia-Pacific. The company plans to expand its team to around 20 people by the end of the second quarter.

About Blue Owl Capital Inc.

Blue Owl is a global alternative asset manager with $94.5 billion of assets under management at December 31, 2021. Anchored by a strong permanent capital base, the firm deploys private capital across direct lending, GP solutions and real estate strategies on behalf of institutional and private management clients. Blue Owl’s flexible and consultative approach helps position the company as a partner of choice for businesses seeking capital solutions to support their sustained growth. The firm’s management team is comprised of seasoned investment professionals with over 25 years of experience building alternative investment businesses. Blue Owl employs over 350 people in nine offices around the world. For more information, visit us at www.blueowl.com.

Contact Investor

Ann Dai

Head of Investor Relations

Blueowlir@blueowl.com

Media Contact

Prosek Partners

David Wells / Nick Theccanat

Pro-blueowl@prosek.com

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SOURCE Blue Owl Capital

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