
Stradley Ronon Advises in Blue Owl Capital Merger Creating $18.6B BDC
share this page
Stradley Ronon represented the special committee to Blue Owl Capital Corp. III in a merger into Blue Owl Capital Corp., creating the second largest externally managed, publicly traded business development company (BDC) by total assets, with $18.6 billion of total assets at fair value and investments in 232 portfolio companies on a pro forma combined basis as of September 30, 2024. The combined company will operate as Blue Owl Capital Corp. The transaction closed January 13.
Blue Owl Capital Corp. is a specialty finance company focused on lending to U.S. middle-market companies.