KUALA LUMPUR: Blue Owl Capital Inc has completed a deal to buy a portfolio of UK private hospitals from the Employees Provident Fund (EPF).
The alternative asset manager paid about £1.3bil (RM7.08bil) for the 12 Spire hospitals, sources said.
The properties are currently managed by Moor Park Capital Partners who will be retained as asset manager, two of the sources said.
The investment in the hospital portfolio has been made through Blue Owl’s European Net Lease Fund.
The group has raised about €1.3bil for the vehicle to date, the person added.
EPF appointed broker Knight Frank to sell the portfolio last year, Bloomberg reported.
Representatives for Blue Owl and Moor Park declined to comment.
A representative for EPF did not immediately respond to requests for comment. — Bloomberg
