Blue Owl-backed Dyal HomeCourt Partners to acquire a minority stake in Phoenix Suns.

Dyal HomeCourt Partners, a subsidinary of Blue Owl, agreed to acquire a minority stake in Phoenix Suns, a basketball team. Financial terms were not disclosed. "The Suns have made incredible strides both on and off the court in recent years and we believe that, under Robert's leadership, the best is yet to come," Michael Rees, Blue Owl Co-President.