The fund will see its senior portfolio manager of private equity depart later this week.
The acquisition will further enhance Blue Owl’s digital infrastructure strategy as part of its real estate platform.
The duo will further expand access to Easterly’s portfolio of alternatives solutions.
The deferred compensation plan replaced its emerging markets equity manager, which had been on watch, in the second quarter.
The duo will oversee Barings’ regional strategy to expand its strategic relationships with existing and prospective clients.
The firm’s second fund closed above its initial $1.3 billion hard cap and $1 billion target.
The hire is in line with Callan’s efforts to increase its alternatives research resources in recent years.
The plan replaced its international growth equity manager in June.
The fund received $4.8 billion in aggregate capital commitments, more than doubling the size of its predecessor fund.