Finance

KKR Veteran Joins Blue Owl to Lead Global Family Office Push

The family office sector is a rapidly expanding group of discreet firms that manage the financial affairs of the world’s super-rich. 

Photographer: Jose A. Alvarado Jr/Bloomberg
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A former executive at KKR & Co.’s global wealth unit has joined rival alternative asset giant Blue Owl Capital Inc. to expand its offering to the world’s ultra-wealthy.

Blake Shorthouse is joining the New York-based firm as global head of family capital, according to a statement Monday. He will be based in London and report to James Clarke, global head of Blue Owl’s institutional business.