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The Secured Lender

TSL-NOV24-COVR 

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October 2, 2024

Source: Blue Owl

NEW YORK, September 30, 2024 -- Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL), a leading alternative asset manager, announced today the completion of its acquisition of the business of alternative credit manager, Atalaya Capital Management LP (“Atalaya”). The acquisition was previously announced in July of 2024.

Atalaya focuses primarily on asset-based credit investments across consumer and commercial finance, corporate and real estate assets. As of June 30, 2024, Atalaya managed over $10 billion of assets under management. Atalaya’s Founding Partner and Chief Investment Officer, Ivan Zinn, has been appointed Blue Owl’s Head of Alternative Credit, reporting to Craig Packer, Head of Credit and Co-President of Blue Owl.

The completion of the acquisition of Atalaya’s business represents a significant expansion of Blue Owl’s alternative credit presence and supplements the firm’s market leading position in direct lending.

Blue Owl Investor Contact      
Ann Dai      
Head of Investor Relations      
blueowlir@blueowl.com 

Blue Owl Media Contact     
Nick Theccanat      
Principal, Corporate Communications & Government Affairs       
nick.theccanat@blueowl.com

 

Forward Looking Statements

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “would,” “should,” “future,” “propose,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law.

These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl’s shares on the New York Stock Exchange; Blue Owl’s ability to manage growth; Blue Owl’s ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors.