Press Release

Kirkland Advises Blue Owl Capital on Acquisition of Oak Street Real Estate Capital

Kirkland & Ellis advised Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL) on its definitive merger agreement to acquire Oak Street Real Estate Capital, LLC ("Oak Street"), a Chicago-based real estate focused alternative asset management firm with over $10 billion in assets under management, as of June 30, 2021. The transaction is expected to close in the fourth quarter of 2021 and is subject to customary closing conditions. 

Read the Blue Owl press release

The Kirkland team was led by corporate partners Rick Campbell, Brad Friedman and Christopher Gandia, capital markets partner Pippa Bond and corporate associate Steven Choi.