Blue Owl Capital and the Chaifetz Group Invest in Acquisition of Portland Trail Blazers

March 31, 2026

Marc Zahr and the Chaifetz Group were represented by Katten in a transaction in which a buyer group acquired the Portland Trail Blazers, ending the team’s controlling ownership by the estate of Microsoft co-founder Paul Allen. Marc Zahr is a co-president of Blue Owl Capital, and the Chaifetz Group is described as a single-family office private investment firm.

Buyers
Blue Owl Capital, Chaifetz Group, Buyer group (Zahr and Chaifetz Group-led investors)
Targets
Portland Trail Blazers
Sellers
Estate of Microsoft co-founder Paul Allen
Location
United States
Transaction Type
Buyout

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