Blue Owl Alternative Credit (Atalaya)
NotableAsset-based and structured credit, built on Atalaya.
Preferred & Structured EquityFirmNorth America
Target market
Companies and sponsors with asset-rich or complex situations
Geography
North America
Overview
Blue Owl's alternative credit platform was built through its 2024 acquisition of Atalaya Capital Management, a specialist in asset-based and opportunistic credit across consumer, commercial, corporate and real-estate assets. It provides structured capital and asset-backed solutions that sit outside traditional cash-flow lending.
Key facts
- Atalaya was acquired by Blue Owl in 2024 for $450M plus earnout
- Atalaya managed over $10B at acquisition
- Founder Ivan Zinn became Blue Owl's Head of Alternative Credit