Blue Owl Capital Completes Acquisition of Atalaya Capital Management's Business

Core Insights - Blue Owl Capital Inc. has completed the acquisition of Atalaya Capital Management LP, enhancing its alternative credit capabilities [1][3] - Atalaya managed over $10 billion in assets as of June 30, 2024, focusing on asset-based credit investments [2] - Ivan Zinn, Atalaya's Founding Partner and Chief Investment Officer, has been appointed as Blue Owl's Head of Alternative Credit [2] Company Overview - Blue Owl Capital is a leading alternative asset manager with over $192 billion in assets under management as of June 30, 2024 [5] - The firm operates across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate [5] - Blue Owl aims to provide private capital solutions for long-term growth and offers differentiated alternative investment opportunities [5][6]