Owl Rock and Dyal Complete Business Combination; Newly Formed Blue Owl Commences Trading on NYSE
- Blue Owl will commence trading under the ticker OWL on the NYSE on May 20, 2021
- As of 3/31, Blue Owl had $52.5 billion in AUM, 91% of which is permanent capital
- Doug Ostrover will serve as Chief Executive Officer; Marc Lipschultz and Michael Rees will become Co-Presidents; and Alan Kirshenbaum will serve as Chief Financial Officer
NEW YORK, May 20, 2021 /PRNewswire/ Owl Rock Capital Group and Dyal Capital Partners today announced the formation of Blue Owl Capital Inc. (NYSE: OWL), a publicly traded alternative asset management firm. Blue Owl is the result of the completion of the business combination with Altimar Acquisition Corporation (formerly NYSE: ATAC). The transaction was unanimously approved by Altimar s Board of Directors and by Altimar s shareholders at an extraordinary general meeting of Altimar shareholders on May 18, 2021.
Board of Directors of Owl Rock Business Development Companies Approve Items Related to Closing of Blue Owl Transaction
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Board of Directors of Owl Rock Business Development Companies Approve Items Related to Closing of Blue Owl Transaction
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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