Finance of America (FOA) has announced a strengthened partnership with Blue Owl, introducing a major capital commitment and a long-term collaboration aimed at transforming financial solutions for America’s rapidly growing retiree population. The expanded relationship brings together significant investment, new product development, and deeper strategic alignment as both companies work to build the next generation of retirement-focused lending products.
As part of the enhanced partnership, Blue Owl has committed $2.5 billion to support new product innovation and provide the liquidity needed to scale origination across multiple asset classes. In addition, Blue Owl will make a $50 million equity investment in FOA, reinforcing confidence in the company’s vision and supporting long-term growth initiatives.
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A core component of the partnership is a joint innovation program that will continuously develop new, differentiated financial products designed to give retirees more freedom, financial stability, and opportunity. These new offerings will complement FOA’s already strong reverse mortgage product suite and further position the company as a leader in solutions that help seniors access home equity responsibly.
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“This is a pivotal moment not just for Finance of America, but for the senior finance market as a whole,” said Graham Fleming, Chief Executive Officer of FOA. “By aligning with Blue Owl, we are creating a platform of scale and innovation to better serve one of the fastest-growing demographics in the United States.”
The collaboration expands FOA’s capabilities beyond reverse mortgages, supporting its mission to become the nation’s leading home equity lending platform for retirees. With more than 10,000 Americans reaching retirement age each day, demand for flexible, retirement-focused financial tools continues to rise.
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“We believe Finance of America is uniquely positioned to redefine how financial products are delivered to retirees,” said David Aidi, Senior Managing Director and Co-Head of Asset Based Finance at Blue Owl. Ray Chan, who holds the same role, added that the partnership brings together “the capital, strategic alignment, and innovation engine to build category-defining products at scale.”
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Together, FOA and Blue Owl aim to lead the next era of retirement finance one where accessing home equity is easier, safer, and smarter for millions of Americans aging into retirement.
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