Marc Pillemer joined Blue Owl Capital's Dyal Capital business as a managing director, a Blue Owl spokeswoman said in an email.
It is a new position. Mr. Pillemer started Jan. 3 and reports to Michael Rees, Blue Owl's co-founder, co-president and head of Dyal Capital, which acquires minority equity stakes in alternative investment managers.
Mr. Pillemer was a managing director at Blackstone in its strategic capital partners business, which takes equity stakes in private equity and hedge funds. Mr. Pillemer's responsibilities were assumed by the team, a spokeswoman said in an email.