Blue Owl Capital has held a final closing of Dyal Capital Partners V (fund V) with $12.9 billion of committed capital. Fund V closed on Dec. 30 and was almost $4 billion larger than the team’s previous fund, Dyal Capital Partners IV.
Aggregate commitments across Blue Owl’s GP Capital Solutions funds and co-investment vehicles now total more than $37 billion, solidifying the company’s position as the leading provider of minority equity capital to well-established alternative asset management companies. Blue Owl’s GP Capital Solutions division has minority partnerships in over 55 firms and $47.8 billion under management as of Sept. 30, 2022.
“The strong investor support for Fund V underscores the attractiveness that a GP Capital Solutions investment can provide to investors during times of economic uncertainty,” said Michael Rees, co-founder and co-president of Blue Owl. “With over $2 trillion of dry powder across the private equity industry and a leading g
