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Private credit lenders are gearing up for a significant increase in transaction sizes and a surge in mergers and acquisitions next year. Executives from Blackstone Inc. and Blue Owl Capital Inc. emphasize the importance of achieving scale and providing diverse credit solutions to clients. Michael Zawadski, Blackstone's global chief investment officer, highlighted this focus during Bloomberg Intelligence’s 2025 credit outlook conference.
Marc Lipschultz, co-CEO of Blue Owl Capital Inc., emphasized the ongoing distinction between private and public markets, despite increasing convergence. He stated that private markets serve a specific purpose and that Blue Owl is not focused on creating products for easier investor mobility between deals.
Alacrity Solutions has initiated restructuring discussions with its private credit lenders, following its acquisition by BlackRock Inc. less than two years ago. The company carries approximately $1 billion in unitranche financing from firms including Antares Capital and KKR, along with a mezzanine loan from Goldman Sachs Asset Management. This debt was established prior to BlackRock's purchase from Kohlberg & Co. in February 2023.
Doug Ostrover and Marc Lipschultz, co-heads of Blue Owl Capital Inc., are set to acquire a stake in the NHL's Tampa Bay Lightning. The investment group will gain control of the team in three years, as announced in a recent statement from the organization.
Blue Owl Capital Inc. is an alternative asset management firm that provides private equity through its Credit, GP Strategic Capital, and Real Estate platforms for institutional and private clients. The company specializes in private financing solutions for middle-market companies and focuses on acquiring stakes in private equity firms, while its real estate products target triple-net leasehold properties with creditworthy tenants. Additionally, Blue Owl offers asset management services tailored to the insurance industry.
Blue Owl Capital Inc. is an alternative asset management firm that deploys private capital through its Credit, GP Strategic Capital, and Real Estate platforms for institutional and private clients. The company offers credit products that provide financing solutions for mid-market companies and focuses on acquiring equity investments or providing debt financing to private corporations. Its real estate offerings target triple net lease properties occupied by creditworthy tenants, utilizing permanent capital vehicles and long-term private funds.
Blue Owl Capital (NYSE:OWL) saw its price target raised by UBS Group from $20.00 to $27.00, indicating a potential upside of 16.33%. The company has received a "Moderate Buy" rating from analysts, with a consensus target price of $21.65. Recently, Blue Owl reported earnings of $0.19 per share, meeting expectations, and generated revenue of $549.85 million for the quarter.
Blue Owl Capital is set to enhance its infrastructure capabilities with the $1 billion acquisition of IPI Partners, adding approximately $10.5 billion in assets. The deal, primarily in stock, will bolster Blue Owl's digital infrastructure strategy and integrate IPI's 70 employees into its operations. The acquisition is expected to close in late 2024 or early 2025, following Blue Owl's recent purchases of Atalaya Capital Management and Kuvare Asset Management.

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