Blackstone and Blue Owl Acquire Minority Stake in Atlas Holdings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 17 hours ago
0mins
Source: Benzinga
- Strategic Investment: Blackstone and Blue Owl have announced a minority stake acquisition in private equity firm Atlas Holdings through Blackstone GP Stakes and Blue Owl GP Strategic Capital, reflecting confidence and support for Atlas despite undisclosed deal terms.
- Asset Management Scale: Established in 2002 and based in Greenwich, Connecticut, Atlas Holdings manages approximately $16 billion in assets across industrial, manufacturing, and distribution sectors, showcasing its expertise in transforming complex business situations.
- Future Collaboration: Ward Young, CIO of Blackstone GP Stakes, stated that Atlas's ability to enhance the performance of complex industrial businesses aligns well with Blackstone's long-term investment strategy, and they plan to leverage Blackstone's resources to further support Atlas and its portfolio companies.
- Talent Attraction and Strategic Support: Andrew Bursky, co-founder of Atlas, emphasized that the investment from Blackstone and Blue Owl will enhance Atlas's reputation, aid in attracting top talent, and provide strategic support through the investor's extensive GP support platforms.
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Analyst Views on BX
Wall Street analysts forecast BX stock price to rise
12 Analyst Rating
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 107.250
Low
166.00
Averages
176.60
High
205.00
Current: 107.250
Low
166.00
Averages
176.60
High
205.00
About BX
Blackstone Inc. is an alternative asset manager. Its asset management includes global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries, and hedge funds. Its Real Estate segment comprises its management of opportunistic real estate funds, Core+ real estate funds, and real estate debt strategies. Its Private Equity segment includes its management of flagship Corporate Private Equity funds, sector and geographically focused Corporate Private Equity funds, core private equity funds, an investment platform, and others. Its Credit & Insurance segment consists of Blackstone Credit & Insurance, which is organized into three overarching strategies: private corporate credit, liquid corporate credit and infrastructure and asset-based credit. Its Multi-Asset Investing segment is organized into four investment platforms: Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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