Blackstone and Blue Owl Make Strategic Minority Investment in Atlas Holdings

Blue Owl Capital Acquires Atalaya Capital Management's Business

September 30, 2024

Financial Services

Blue Owl Capital Inc. completed the acquisition of the business of alternative credit manager Atalaya Capital Management LP, adding Atalaya's asset-based credit capabilities and roughly $10 billion in AUM to Blue Owl's platform. The deal appoints Atalaya founding partner Ivan Zinn as Blue Owl's Head of Alternative Credit and expands Blue Owl's presence in alternative credit and direct lending.

Blue Owl Capital Acquires Prima Capital Advisors

April 9, 2024

Financial Services

Blue Owl Capital Inc. agreed to acquire Prima Capital Advisors for aggregate consideration of $170 million to launch a Real Estate Finance strategy. Prima, a real estate lender and asset manager focused on commercial mortgage-backed securities with roughly $10 billion AUM and majority-owned by Stone Point Capital, will join Blue Owl’s real estate platform upon closing expected in mid-2024.

Blackstone GP Stakes Acquires Minority Stake in Great Hill Partners

November 12, 2021

Financial Services

Funds managed by Blackstone GP Stakes have acquired a minority ownership interest in Boston-based private equity firm Great Hill Partners. The minority investment is intended to support Great Hill’s continued growth and investment strategy; Evercore served as financial advisor to Great Hill while Kirkland & Ellis and Fried Frank served as legal counsel to Great Hill and Blackstone, respectively.

Blackstone GP Stakes Takes Minority Stake in Nautic Partners

December 14, 2021

Financial Services

Funds managed by Blackstone GP Stakes have acquired a minority ownership interest in Nautic Partners LLC, a Providence-based middle-market private equity firm. The investment creates a strategic partnership intended to provide Nautic with access to Blackstone’s resources as Nautic continues to deploy capital from its newly-closed $3.0 billion fund.

Dyal Capital Makes Strategic Minority Investment in PAI Partners

January 12, 2023

Financial Services

A vehicle managed by Dyal Capital (part of Blue Owl Capital Inc.) has made a passive, minority investment in private equity firm PAI Partners. The minority stake will provide PAI with balance-sheet capital to strengthen alignment with its limited partners and to invest further in its team and capabilities; terms were not disclosed.

Foundry Acquires Blu Atlas

July 12, 2023

Consumer Products

Foundry, a Dallas-based brand platform, has acquired Blu Atlas, a direct-to-consumer men's skincare, haircare, and fragrance brand, for an undisclosed eight-figure sum. The acquisition expands Foundry's portfolio of men's personal-care brands and aims to scale Blu Atlas' distribution and awareness toward a targeted $100 million in sales.