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.
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; tax partners Mike Carew, Liam Murphy and Meredith Levy; and debt finance partner Aditi Iyer.
