Executives at Owl Rock Capital Group and Dyal Capital Partners announced this morning a definitive agreement to form Blue Owl Capital and a listing on the NYSE via Altimar Acquisition Corp., a SPAC sponsored by HPS Investment Partners.
The deal follows rumors of a potential purchase of direct lending firm Owl Rock, earlier this month.
The new soon-to-be publicly listed entity, Blue Owl, is a differentiated alternative asset manager with both a direct lending and GP . . .