We dig into data from Jefferies and SecondaryLink to see where fund pricing across strategies stood at the end of H1 2024.
The secondary share sale reportedly values the defense tech company at $90 billion.
The commencement date adjustment follows Blue Owl's request for a new notice, citing a material difference between the originally proposed and announced purchase amounts.
The firm will reportedly pay about $350 million for a 40% interest, implying an equity valuation of roughly $875 million for the Israeli camouflage technology manufacturer.
The deal would reportedly shift the vehicle's assets into a closed-end structure and trigger a delisting.
The employee and early investor auction valued the workplace trust company at over £100 million and marked the third transaction conducted under the PISCES framework.
The unsolicited bid comes just three days after Blue Owl Credit Income Corp. disclosed 16.8% in Q3 redemption requests.
The CV would reportedly acquire ByteDance and Ant Group stakes at a roughly 30% discount to their combined $1.5 billion NAV.
Existing investors in the German robotics startup, including Sequoia and Lightspeed, participated alongside new backers.
After an unsuccessful first attempt, Cox has come back to the table with an unsolicited bid valuing Class I shares at ~13% below their August 31 NAV.
