Dyal Capital Partners today announced that its investors consent to the closing of its pending strategic combination with Owl Rock Capital Group and Altimar Acquisition. The SEC has declared effective the S-4 filed by Altimar, which is acquiring the merged company to form Blue Owl Capital.
The deal had been the focus of protracted litigation brought by a rival investor.
Owl Rock announced in March an overwhelming majority of affirmative votes from shareholders of each of its four requisite business development companies to approve the business combination.
Owl Rock, Dyal and Altimar agreed in December to form Blue Owl, a differentiated $50.9 billion AUM alternative asset manager. The Dyal Capital Partners funds are currently part of Neuberger Berman, a private, independent, employee-owned investment manager. Read more.
