Deals
Blue Owl’s Dyal Capital Unit Sets Target for Sixth Fund at $13 Billion
- Dyal Capital has more than $49 billion in managed assets
- Investing unit has backed Vista Equity, CVC Capital and others
This article is for subscribers only.
Dyal Capital, the investing unit owned by Blue Owl Capital Inc., is seeking to raise $13 billion for its sixth investment fund, according to people familiar with the firm’s plans.
Dyal, which backs other asset managers and offers financing to private equity firms, is setting another record target similar to the fund’s predecessor, the people said, asking not to be identified because the information is private. Capital-raising efforts and outreach to limited partners began this month, one of the people said.