Kirkland Advises Blue Owl on Atalaya Capital Management Acquisition

Kirkland advised Blue Owl Capital (NYSE: OWL) on a definitive agreement to acquire the business of alternative credit manager Atalaya Capital Management LP. Atalaya originates and purchases credit and asset-based investments across corporate, real estate and specialty finance. The transaction is expected to close in Q4 2024, subject to customary closing conditions.

Read Blue Owl's press release

The team was led by asset management M&A partners Christopher Gandia and James Mayne and corporate partners Rick Campbell and Eric Sweigard, with assistance from corporate associates Raisa Moree and Brian Campbell; capital markets partners Pippa Bond and Tommy Felix; investment funds partners Rob Blaustein, Sheldon Laing and Andrew Jacobs; and tax partners Mike Carew, Liam Murphy and Meredith Levy.