Dyal HomeCourt Partners ("HomeCourt") today announced its first investment, a minority equity stake in the Phoenix Suns of the NBA. HomeCourt is managed by Dyal Capital, a division of Blue Owl, a leading alternative asset manager with $52.5 billion in assets, and it is the only private equity fund pre-approved by the NBA to invest in multiple NBA franchises.

The firm had approximately $52.5 billion of assets under management as of March 31, 2021.

Blue Owl'S Dyal Homecourt Partners Announces Minority Equity Investment In Phoenix Suns Of The Nba

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Blue Owl'S Dyal Homecourt Partners Announces Minority Equity Investment In Phoenix Suns Of The Nba

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