Blue Owl Capital Hires Greg Porteous to Lead Defined Contribution Retirement Solutions

Core Insights - Blue Owl Capital Inc. has appointed Greg Porteous as Managing Director and Head of Defined Contribution Retirement Solutions to enhance access to private markets within defined contribution retirement plans in the U.S. [2][3][4] Company Developments - The appointment of Porteous is part of Blue Owl's strategy to expand its offerings in the defined contribution market, which is increasingly seeking alternative investment solutions [6][8]. - Porteous previously held senior roles at State Street Investment Management, BlackRock, and UBS, and is recognized for his influence in the defined contribution space [5]. Strategic Initiatives - Blue Owl is committed to integrating alternative investments, such as private credit and real assets, into defined contribution plans through collective investment trusts (CITs) [6]. - Earlier in 2025, Blue Owl announced a partnership with Voya Financial to develop private market investment products tailored for defined contribution retirement plans, focusing on launching CITs that provide access to Blue Owl's strategies [7]. Market Context - The defined contribution market is at a critical juncture, with increasing demand from plan sponsors and participants for access to private markets and differentiated sources of return [6][8]. - Blue Owl aims to address the limited access to private market benefits for participants in defined contribution plans, emphasizing the importance of innovative solutions for retirement security [8].