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Stock impact report

Blackstone Teams Up For New Private Equity Bet [Yahoo! Finance]

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Blackstone ( NYSE:BX ) and Blue Owl Capital ( NYSE:OWL are teaming up on a new investment, taking a minority stake in private equity firm Atlas Holdings, a specialist in turning around complex industrial businesses. Financial terms of the deal were not disclosed. The investment was made through Blackstone GP Stakes and Blue Owl's GP Strategic Capital units, both of which focus on buying minority interests in established private equity managers. Warning! GuruFocus has detected 5 Warning Signs with BX. Is BX fairly valued? Test your thesis with our free DCF calculator. Atlas, founded in 2002 and based in Greenwich, Connecticut, has built a reputation for acquiring and restructuring industrial, manufacturing, and distribution businesses that often require operational turnarounds. Through its affiliates, the firm currently owns and operates around 30 companies across those sectors. Recommended Stories Show less Read more
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