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Blue Owl Capital to Open Regional Headquarters in Abu Dhabi
The private credit firm managing $315 billion joins ADGM alongside Bain Capital, BlackRock and others. The move comes amid rising defaults in the sector.
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Blue Owl Capital is opening a regional headquarters in Abu Dhabi, according to Semafor. The announcement was published on June 11, 2026. The firm manages $315 billion in assets and is joining ADGM, the city’s financial hub.
ADGM already includes Bain Capital, Barings, BlackRock, Man Group, and Vista Equity Partners. Those firms have been drawn by proximity to sovereign wealth funds such as ADIA and Mubadala, a growing number of family offices, and the region’s expanding appetite for private credit.
Gulf sovereign funds quadrupled their private credit exposure between 2021 and 2025, reaching roughly $80 billion, with Mubadala the most committed.
Defaults are rising and redemption requests have spiked in the private credit asset class, Semafor reported, with developments at Blue Owl among the indications of potential cracks in the ecosystem.
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