Blue Owl Hires Insurance Veteran to Scale Specialized Platform
Event summary
- Blue Owl appoints Deva Mishra as Head of Blue Owl Insurance Solutions, effective July 6, 2026.
- Mishra previously grew Prosperity Asset Management from $3B to $30B in AUM and scaled Global Atlantic's assets from $5B to $50B.
- Blue Owl's insurance solutions platform, launched in 2024, will leverage expertise from Credit, Real Assets, and GP Strategic Capital teams.
- Blue Owl manages $315B in AUM as of March 31, 2026.
The big picture
Blue Owl's hire of Deva Mishra underscores the firm's push to deepen its insurance-focused investment capabilities, a strategic move as insurers increasingly seek specialized alternative investment solutions. With $315B in AUM, Blue Owl is positioning itself to capitalize on the growing demand for tailored insurance asset management services, leveraging Mishra's track record of scaling similar platforms.
What we're watching
- Platform Scaling
- How quickly Blue Owl can integrate Mishra's expertise to accelerate its insurance solutions platform growth.
- Competitive Positioning
- Whether Blue Owl can differentiate itself in the crowded insurance asset management space.
- Execution Risk
- The pace at which Blue Owl can deliver on its promise of diversified investment strategies at scale for insurers.
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