Asset Allocation
Blue Owl Acquires Stake in Cleveland Cavaliers
The minority equity investment in the basketball team is the asset manager’s sixth such agreement.
The investment firm joins more than 30 other institutional investors in the Blue Owl GP Stakes Fund III.
Lending occupies more and more of PE companies’ attention, per a new PitchBook Report.
Amid encouraging market performances of other public buyout companies, expect a spate of PE operators to go public, says PitchBook.
The $750 billion National Pension Service’s investment provides it with an undisclosed minority interest in San Francisco-based Stockbridge Capital.