Atalaya Announces Strategic Minority Investment by Dyal Capital

June 28, 2017 08:00 AM Eastern Daylight Time

NEW YORK--(BUSINESS WIRE)--Atalaya Capital Management, a private credit and special opportunities

alternative investment manager, announced today that the firm has entered into a primary transaction

with Dyal Capital Partners, a division of Neuberger Berman Group. Dyal will become a passive, non-

voting minority partner in Atalaya. All of the proceeds from the investment will be retained on Atalaya’s

balance sheet to expand the Firm’s capabilities and increase the Firm’s investment alongside its

investors.

“Atalaya is an impressive organization with a differentiated approach to sourcing and structuring credit-

oriented investments. With Dyal’s permanent capital investment and our business platform resources,

Atalaya will further enhance its business and market position.”

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Atalaya was founded in 2006 and today manages more than $2.5 billion in assets under management

across its Special Opportunities Fund and Asset Income Fund products as well as select other investment

vehicles.

Ivan Q. Zinn, Founder and Managing Partner of Atalaya, commented, “Dyal’s investment is a significant

event for Atalaya as it represents the validation of a deliberate and long-term strategy to build an

enduring asset management business. We are thrilled to partner with Dyal, which has earned a

reputation for supporting best-in-class managers. This capital allows us to continue developing our

business for the future and invest more in our funds, fostering greater alignment with our investors.”

Michael Rees, Head of Dyal Capital Partners, added: "Atalaya is an impressive organization with a

differentiated approach to sourcing and structuring credit-oriented investments. With Dyal’s permanent

capital investment and our business platform resources, Atalaya will further enhance its business and

market position.”

Additional terms of the transaction were not disclosed. PL Advisors advised Atalaya on this transaction.

About Atalaya

Atalaya is a privately held, SEC-registered, alternative investment advisory firm with over $2.5 billion in

assets under management. Atalaya is a private credit and special opportunities alternative investment

manager that invests across three asset classes – financial assets, real estate and corporate. Founded in

2006, Atalaya is headquartered in New York City. For more information, please

visit www.atalayacap.com.

About Dyal Capital Partners

Dyal Capital Partners, a division of Neuberger Berman Group, seeks to acquire minority equity interests

in institutional alternative asset management businesses worldwide. Dyal Capital Partners was

established in 2011 and currently has 24 minority partnerships. For more information, please

visit www.dyalcapital.com.