By 
A year ago, Blue Owl Capital’s Real Assets platform managed $49.4 billion. By December 31, 2025, that figure had grown to $80.6 billion, a 63% increase built on acquisitions, aggressive fundraising, and a pair of headline deals (https://worldfinancialreview.com/blue-owl-capital-receives-seven-2025-real-assets-industry-awards/).
January 2025: IPI Partners Joins Blue Owl
The year started with the completion of Blue Owl Capital’s acquisition of IPI Partners, a digital infrastructure firm. The deal added capabilities in data center development and operation at a moment when hyperscaler demand for compute capacity was accelerating across North America and into global markets. A majority investment in Gigabit Fiber, a Dallas-based fiber provider, followed, extending Blue Owl’s physical infrastructure footprint further. Blue Owl Technology Income Corp provides another avenue for investor participation in the firm’s technology lending.
These weren’t small bolt-ons. The platform was expanded beyond its established net lease and real estate credit businesses into one of the fastest-growing segments of physical infrastructure, and they brought experienced teams with deep hyperscaler relationships into the Blue Owl fold. The net lease operation alone has a 15-plus-year track record, having purchased more than 2,375 assets since its founding. Blue Owl Capital regularly publishes updates through its newsroom on acquisitions and platform developments.
Fundraising at a Different Pace
The numbers tell the story. $17 billion in equity was raised during 2025. For context, the 2024 figure was $4.9 billion. That’s a 247% increase in a single year, fueled by demand from institutional investors and private wealth channels alike. Bloomberg’s OWL company page tracks the market impact of this capital growth.
Blue Owl Real Estate ranked as the top net fundraiser among non-traded REITs for 2025. The platform manages more than 6,025 equity assets and maintains relationships with over 860 tenants and partners. Net lease, the platform’s longest-running business, has a 15-plus-year operating history and has purchased more than 2,375 assets since its founding. Blue Owl Capital Corporation’s BDC operations complement the real assets fundraising with $16.5 billion in portfolio fair value.
Hyperion and the Awards That Followed
The $27 billion Hyperion data center campus, developed with Meta in Louisiana, with Blue Owl-managed funds as majority owner, became the platform’s signature transaction of the year. On March 4, 2026, Blue Owl Capital received seven 2025 real assets awards from PERE and Infrastructure Investor. Hyperion specifically earned North America Deal of the Year. Three PERE honors covered net lease, data center, and retail real estate. Four Infrastructure Investor awards covered digital infrastructure, innovation, and the Hyperion deal itself. For Blue Owl Capital, those seven awards capped a year that transformed the Real Assets platform from a mid-size operation into one of the larger players in physical infrastructure investing. Moody’s Baa2 upgrade for Blue Owl’s BDCs added another institutional endorsement to the firm’s 2025-2026 track record.
Comments