Owl Rock, formed by PE heavy hitters, nears $5 bln on debut

Owl Rock Capital Partners, private equity
Photo courtesy of Owl Rock Capital Partners.
  • Owl Rock targeted $3 bln to $5 bln for its BDC
  • Expects to close fundraising in Q4
  • Credit fundraising stays strong
Everybody is raising a credit fund. That is a common refrain in the market these days, a reflection of the push by firms to expand their businesses into credit. As well, some firms just starting out are making splashy debuts ...

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