Finance of America and Blue Owl Capital Expand $2.5 Billion Strategic Partnership
Written by Emily J. Thompson, Senior Investment Analyst
Finance of America (FOA) and funds managed by Blue Owl Capital (OWL), an alternative asset manager, "announced the expansion of a $2.5 billion strategic partnership aimed at accelerating product innovation and distribution for the nation's fast-growing retirement demographic. The enhanced partnership includes: $2.5 billion commitment for new product innovation, providing scale and liquidity to support origination growth across multiple asset classes; $50 million equity investment in Finance of America, enhancing long-term alignment between the companies and supporting FOA's continued growth initiatives; Joint innovation and product-development initiative focused on the continuous rollout of new, differentiated financial products tailored for people looking to maximize freedom, security and opportunity throughout their retirement."
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Analyst Views on FOA
Wall Street analysts forecast FOA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FOA is 29.50 USD with a low forecast of 29.50 USD and a high forecast of 29.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 23.370
Low
29.50
Averages
29.50
High
29.50
Current: 23.370
Low
29.50
Averages
29.50
High
29.50
About FOA
Finance of America Companies Inc. is a financial services holding company. The Company is a provider of home equity-based financing solutions for a modern retirement. The Company offers capital markets and portfolio management capabilities primarily to optimize the distribution of its originated loans to investors. It has two segments: Retirement Solutions and Portfolio Management. Retirement Solutions segment conducts all of the Company’s loan origination activity, including the origination of home equity conversion mortgages and non-agency reverse mortgage loans through both the retail and third-party originator channels. Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services for the Company. It uses a combination of proprietary and third-party intellectual property, such as owned or licensed trademarks, trademark applications, and domain names.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Finance of America Secures $50M Investment from Blue Owl, Strengthening Strategic Partnership
- Strategic Investment: Finance of America has entered a $2.5 billion strategic partnership with Blue Owl Capital, which includes a $50 million equity investment aimed at accelerating product innovation and distribution for the rapidly growing retirement demographic.
- Product Innovation: This collaboration will drive the development of new financial products, enhancing Finance of America's leadership in the reverse mortgage market while providing retirees with flexible access to capital to support their lifestyle and healthcare needs.
- Market Opportunity: With over 10,000 Americans reaching retirement age daily, Finance of America's market potential continues to expand, positioning the company to capture a larger share in the rapidly evolving home equity access sector.
- Long-term Strategy: By partnering with Blue Owl, Finance of America not only strengthens its capital base but also enhances its innovation capabilities in retirement financial solutions, further solidifying its position as a full-spectrum home equity lending platform.
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