Blue Owl Capital Hires Haitham Abdulkarim to Oversee Institutional Business in Middle East
Blue Owl Capital (NYSE: OWL) has hired Haitham Abdulkarim to oversee its institutional business in the Middle East. Haitham will focus on scaling operations in Abu Dhabi and Dubai, with the former becoming the company's flagship office in the region. This strategic move aims to enhance Blue Owl's relationships with family offices, pension funds, and sovereign wealth funds in the area. Haitham brings extensive experience from his previous roles at BlackRock, Waha Capital, and Samena Capital. Blue Owl recently obtained a license in the Dubai International Financial Centre and is awaiting final approval for a license in Abu Dhabi Global Market.
- Blue Owl Capital hired an experienced professional, Haitham Abdulkarim, to oversee its Middle Eastern operations.
- The company is expanding its presence in strategic markets like Abu Dhabi and Dubai.
- Blue Owl recently received a license in the Dubai International Financial Centre.
- Pending approval for a license in Abu Dhabi Global Market highlights ongoing regulatory progress.
- The move aims to deepen relationships with key regional investors, potentially increasing investment inflows.
- The official opening of the Abu Dhabi office is pending regulatory approval, introducing operational uncertainty.
- The strategic expansion may increase operational costs before realizing potential gains.
- Relying heavily on new market expansions involves inherent financial risks and challenges.
- Haitham will focus on scaling Blue Owl's investment and operations teams across key Middle Eastern markets including
Abu Dhabi andDubai
Haitham previously served as Head of
Prior to BlackRock, Haitham was Head of Investor Relations at Mubadala-backed Waha Capital in
Blue Owl Co-CEOs Doug Ostrover and Marc Lipschultz said, "Hiring Haitham highlights Blue Owl's commitment to deepening our relationships and more seamlessly collaborating with our Middle Eastern investment partners. Our approach to the
Blue Owl recently received a license in the
Haitham Abdulkarim said, "It has been amazing witnessing Blue Owl's exponential growth over the past three years as the firm continues to expand and foster partnerships with some of the most prominent global investors. I am excited to join such a preeminent institution and further scale the firm's Middle Eastern coverage including
About Blue Owl
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.
With over
Together with over 725 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.
Forward Looking Statements
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "would," "should," "future," "propose," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law.
These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.
Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl's shares on the New York Stock Exchange; Blue Owl's ability to manage growth; Blue Owl's ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors.
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blueowlir@blueowl.com
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SOURCE Blue Owl Capital
FAQ
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