Blue Owl Capital to acquire Atalaya Capital Management for $800m.

Blue Owl Capital, an American alternative investment asset management company, agreed to acquire Atalaya Capital Management, a privately held, SEC-registered, alternative asset manager, for $800m. "The acquisition of Atalaya adds adjacent and scaled alternative credit capabilities that complement Blue Owl's leading position in direct lending. Atalaya was an early pioneer in private asset-based finance. They have created a robust business with highly differentiated sourcing and underwriting expertise and have demonstrated a strong track record across market cycles. Atalaya significantly expands Blue Owl's alternative credit offerings and delivers a more robust suite of financing solutions to our stakeholders," Doug Ostrover and Marc Lipschultz, Blue Owl Co-CEOs.