Business
Blue Owl Capital and Voya Financial Enter Strategic Partnership to Bring Private Markets Investments to Defined Contribution Retirement Plans
Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, and Voya Financial, Inc. ("Voya") (NYSE: VOYA), a leading provider of retirement, investment, and benefit solutions, announced a strategic partnership to develop private markets investment products for defined contribution retirement plans.
About this update from Blue Owl Capital Inc.
[{"type":"text","content":"Firms anticipate further collaboration, including investment strategies targeted to the institutional insurance market.","length":119,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, July 14, 2025 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, and Voya Financial, Inc. ("Voya") (NYSE: VOYA), a leading provider of retirement, investment, and benefit solutions, announced a strategic partnership to develop private markets investment products for defined contribution retirement plans.","length":390,"tagName":"p"},{"type":"text","content":"Voya serves more than 39,000 U.S. employers and their more than nine million retirement plan participants, who hold over $630 billion in defined contribution assets on Voya's retirement platform. Blue Owl manages over $273 billion in assets and is a global leader in bringing premier private markets solutions to the private wealth channel, serving nearly 150,000 investors globally.","length":387,"tagName":"p"},{"type":"text","content":"The strategic partnership will offer private markets strategies in vehicles tailored for defined contribution retirement plans, addressing the growing demand for alternative investment solutions within retirement portfolios. The partners will initially focus on the joint development of collective investment trusts ("CITs") that provide access to private markets strategies offered by Blue Owl and Voya. The CITs will be available through advisor-managed accounts on Voya's retirement platform and through target date solutions managed by Voya Investment Management ("Voya IM"). As the markets for these products continue to evolve, Blue Owl and Voya IM will also collaborate to develop retirement-focused private investment solutions available through other channels, including third-party retirement platforms and target date account providers.","length":871,"tagName":"p"},{"type":"text","content":"This initiative opens the door for retirement plan participants to access a broader range of investment opportunities, supporting individuals in building more resilient portfolios and optimizing their retirement outcomes.","length":221,"tagName":"p"},{"type":"text","content":"Blue Owl's Co-CEOs Doug Ostrover and Marc Lipschultz said: "Voya's leadershi...