Twitter LinkedIn
    Saturday, July 2
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»SPAC»How Blue Owl’s $12.5B SPAC Deal Could Shape The Future Of Private Equity
    SPAC

    How Blue Owl’s $12.5B SPAC Deal Could Shape The Future Of Private Equity

    May 24, 2021Updated:May 24, 20212 Mins Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    What happens when you combine just about every major buzzword that has enveloped private equity in recent years in a single $12.5 billion transaction, one that underscores the many ways the industry has evolved and diversified away from its barbarian beginnings in the 1980s? Blue Owl Capital is about to find out.

    If you don’t recognize the name, don’t worry. Blue Owl didn’t technically exist until this Thursday, when it began trading on the NYSE. But those in the alternative investing space are probably familiar with Dyal Capital Partners and Owl Rock Capital, the two cutting-edge firms that formally combined this week under the Blue Owl banner.

    Dyal is a pioneer in the booming realm of GP stakes—it owns minority interests in dozens of prominent private equity and private credit firms, including Silver Lake and Vista Equity Partners. Owl Rock is a leader in direct lending, the business of providing loans to private equity portfolio companies. Adding to the fun is the fact that Dyal already owned a minority stake in Owl Rock. And the two have combined in the most 2021 manner possible: By merging with a SPAC sponsored by HPS Investment Partners, another prominent debt investor (which Dyal also owns a stake in), valuing the overall business at some $12.5 billion and creating a windfall for Dyal and Owl Rock executives.

    Read more/Source: Forbes

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    markets PE Insider Private Equity SPAC
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Carlyle hires BlackRock’s McNeely to work with biggest clients

    July 1, 2022

    Permira considers sale of Funds Platform Alter Domus

    July 1, 2022

    Riveron, an H.I.G. Capital Portfolio Company, acquires Clermont Partners

    July 1, 2022

    ARCH Venture Partners closes $2.975bn Fund XII

    July 1, 2022

    Comments are closed.

    Other Articles

    Mainsail Partners raises $915m Fund VI

    April 20, 2022

    Private equity firm Flexpoint Ford completes £231.6m acquisition of AFH

    June 29, 2021

    Australia’s AMP to sell unit’s global equities arm to Canadian firm

    March 11, 2021

    Bain Capital buys a big medical supplies B2B marketplace

    July 30, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2022 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?