Blue Owl Capital Acquires Wellfleet Credit Partners from Littlejohn & Co.
February 16, 2022
Blue Owl Capital Inc. agreed to acquire Wellfleet Credit Partners LLC from affiliates of Littlejohn & Co., with the transaction expected to close in March 2022. Wellfleet — a CLO-focused credit manager that manages 16 CLOs with over $6.5 billion in AUM — will be integrated into Blue Owl’s Owl Rock division, with Scott McKay and Dennis Talley remaining as lead portfolio managers.
- Buyers
- Blue Owl Capital Inc.
- Targets
- Wellfleet Credit Partners LLC
- Sellers
- Littlejohn & Co., LLC (affiliates)
- Industry
- Financial Services
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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