Blue Owl Capital, an alternative asset manager, has announced the appointment of Greg Porteous as managing director and head of defined contribution retirement solutions. In this newly created role, Porteous will spearhead Blue Owl’s efforts to expand access to private markets and alternative investment solutions within defined contribution (DC) retirement plans across the United States.
Porteous joins Blue Owl from State Street Investment Management, where as head of DC intermediary he led teams responsible for developing key DC relationships, thought leadership on industry trends and consultative partnerships with recordkeepers, platforms and advisers. Previously, he held senior roles at BlackRock and UBS and has been recognized as one of 401kWire’s 100 Most Influential in Defined Contribution.
Blue Owl’s hire of Porteous comes at a pivotal moment for the defined contribution market, as plan sponsors and participants increasingly seek access to private markets
