BRIEF-Investment company Blue Owl buys minority stake in private equity firm BlackFin

Blue Owl Capital

Blue Owl Capital

OWL

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July 15 (Reuters) - Blue Owl Capital Inc OWL.N/BLACKFIN CAPITAL PARTNERS

  • FUNDS MANAGED BY BLUE OWL ACQUIRE MINORITY STAKE IN BLACKFIN CAPITAL PARTNERS, SAY THE COMPANIES

  • BlackFin Capital Partners, which manages around €4 billion ($4.56 billion) of assets, said Blue Owl's stake would not change BlackFin's overall investment strategy.

  • Earlier this month, Blue Owl Capital maintained a 5% quarterly withdrawal limit for two of its private credit funds as redemption requests remained substantially above the cap despite falling by a few percentage points in the second quarter.

Further company coverage: OWL.N


($1 = 0.8763 euros)


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