Blue Owl Capital Inc. said Marc Pillemer will join its Dyal Capital division, which provides equity and debt investments to alternative asset managers.

Pillemer reports to Michael Rees, head of Dyal Capital and co-founder and co-president of Blue Owl Capital. He joins as managing director, effective Jan. 3.

In his new role, Pillemer will support Dyal's efforts "to acquire minority equity stakes in and provide financing to established alternative asset managers," according to a statement today.

Pillemer worked for seven years at Blackstone's Strategic Capital Group, which acquires equity stakes in hedge funds and private equity firms. There, he was responsible for sourcing and executing transactions and managing relationships partner GPs.

Prior to Blackstone, Pillemer spent 14 years at Goldman Sachs & Co., including advising alternative asset managers on M&A and capital raising transactions and on strategic initiatives, as part of the investment bank's Financial Institutions Group.

Pillemer holds a Bachelor of Commerce (Actuarial Studies and Finance) degree from Macquarie University in Sydney, Australia.