Replay Access Code: 10150767
A transcript of the call will also be filed by Altimar with the SEC (News - Alert).
On the call, the presenters will be reviewing an investor presentation, which will be filed with the SEC as an exhibit to a Current Report on Form 8-K prior to the call, and available on the SEC website at www.sec.gov.
About Altimar Acquisition Corporation
Altimar Acquisition Corporation is a special purpose acquisition company sponsored by Altimar Sponsor, LLC, an affiliate of HPS Investment Partners, LLC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. For more information, visit www.altimarspac.com.
SPAC: Dyal Capital and Owl Rock Agree to $12.5 Billion Merger
Posted on 12/23/2020
Investment firms Dyal Capital Partners and Owl Rock have agreed to combine and go public. New York-based Altimar Acquisition Corporation, a special purpose acquisition company set up by HPS Investment Partners LLC, will merge with the combined entity, to be named Blue Owl Capital Inc. This move will take the asset managers public with a US$ 12.5 billion valuation.
Altimar Acquisition Corporation, with US$ 275 million in its cash-in trust, is purchasing interests of Blue Owl at a pre-money valuation of roughly US$ 12.15 billion. Blue Owl equityholders will retain US$ 10.7 billion in equity, resulting in pro-forma ownership of 85%. US$ 1.45 billion in cash proceeds will be divided with US$ 350 million to certain third-party Owl Rock investors and US$ 1,100 million to Neuberger Berman, representing a partial sale of its interests.