The Dot Group Secures Long-Term Financing Relationship with U.S.-Based Blue Owl’s GP Strategic Capital Platform
20 Agosto 2024 - 2:00PM
Business Wire
- Represents an important strategic relationship for The Dot
Group
- Provides access to institutional capital that supports
growth on a global scale
- Creates strategic alignment with a shared goal of securing
accretive opportunities
- Highlights the strong fundamentals of student housing,
driven by growing demand for university education and the overall
student experience globally
The Dot Group (“Dot” or the “Group”), the transformational
leader in global student living, is pleased to announce a strategic
financing relationship with Blue Owl’s GP Strategic Capital
platform (“Blue Owl”), which provides minority equity and financing
solutions to private capital managers.
Establishing this long-term relationship provides Dot access to
institutional capital and support for accretive opportunities. The
relationship with Blue Owl’s GP Strategic Capital platform forms
part of a broader strategy to fuel growth initiatives across the
Group with specific focus on Global Student Accommodation (GSA),
Dot’s real estate asset and fund manager, and Yugo, its global
student housing operator and brand.
The Blue Owl relationship aligns closely with Dot’s investment
horizon and strategic goals, building on a shared culture, vision
and purpose. It will play a central role in accelerating business
development plans, capitalising on Dot’s global experience and
relationships with world class institutions and universities.
Nick Porter, CEO of The Dot Group, commented:
“We are incredibly proud to establish this long-term
relationship with Blue Owl, which represents an important strategic
step in Dot’s journey as our Group continues to grow and
evolve.
This world-class relationship highlights the strength of Dot’s
global market position, the depth of our expert management teams,
and the sheer magnitude of opportunities that exist for our Group,
all underpinned by the student sector’s robust demand, growing
demographics and improving market conditions.
I would like to thank Steve Grant, Dot’s Chief Corporate
Development Officer, for his leadership on this transaction. I am
very pleased to forge this strategic relationship with Blue Owl, it
is an exciting time for our business, and I am looking forward to
the future of Dot.”
Michael Rees, Co-President and Head of Blue Owl’s GP
Strategic Capital platform, commented:
“We believe Dot is a leader in the student housing real estate
space and are excited to add this innovative Group to our
portfolio. We look forward to supporting Dot as the Group continues
to provide housing for students and long-term growth for
investors.”
Over the last 30 years, Dot has built an unrivalled presence and
track-record in the global student living sector, with access to
all aspects of the higher-education universe. The Group’s
international reach, market access, intelligence and research
capabilities create a highly competitive edge for Dot's
businesses.
As global sector specialists, Dot with its businesses, are
committed to providing a holistic student experience offering
connected and supportive environments that make a real difference
in students’ lives.
Berkshire Global Advisors served as financial advisor and
Kirkland & Ellis LLP acted as legal advisor to Dot.
About The Dot Group
The first and final word in global student living.
A transformational force connecting leaders and expertise to
spark change and unlock growth.
Dot is a family of market-leading businesses focused on
transforming student living, with a vision to serve over one
million students each year.
We’re here to shape a better future and we’ll never stop pushing
for progress and creating sustainable value for generations to
come.
Our group is comprised of Global Student Accommodation, Yugo,
Student.com, and Kinetic Capital. Together, they operate in more
than 180 leading educational cities across 35 countries.
Since creating a new vision for student living over 30 years ago
we’ve been continuously evolving through our pioneering, empowering
and collaborative approach.
For further information, visit www.thedotgroup.com.
About Blue Owl
Blue Owl (NYSE: OWL) is a leading asset manager that is
redefining alternatives.
With over $192 billion in assets under management as of June 30,
2024, we invest across three multi-strategy platforms: Credit, GP
Strategic Capital, and Real Estate. Anchored by a strong permanent
capital base, Blue Owl provide businesses with private capital
solutions to drive long-term growth and offer institutional
investors, individual investors, and insurance companies
differentiated alternative investment opportunities that aim to
deliver strong performance, risk-adjusted returns, and capital
preservation.
Together with over 820 experienced professionals, Blue Owl
brings the vision and discipline to create the exceptional.
To learn more, visit www.blueowl.com.
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Richard Crowley, FGS Global Richard.Crowley@fgsglobal.com +44
7387 257 394
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