On May 28, 2024, Linden Capital Partners announced a passive minority investment from Blue Owl’s Strategic Capital platform and Linate Capital.
Linden Capital Partners (“Linden”) announced on May 28, 2024, a passive, minority investment from Blue Owl’s Strategic Capital platform (NYSE: OWL) (“Blue Owl”) and Lunate Capital (“Lunate”) via their joint venture. The investment will not have an impact on the day-to-day management and investment strategies of Linden. Terms of the transaction were not disclosed.
Linden, based in Chicago, is a dedicated healthcare private equity firm. As of December 31, 2023, Linden had approximately $8 billion in assets under management.
Blue Owl, based in New York, provides minority equity and financing solutions to private capital managers. As of May 2024, Blue Owl’s Strategic Capital platform managed approximately $55.8 billion in assets under management. BofA Securities served as financial advisor to Blue Owl on the transaction.
Lunate, based in Abu Dhabi, is an independent global alternative investment manager. As of March 2024, Lunate had approximately $105 billion in assets under management.
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