The New York-based manager is also planning a successor to its GP-led secondaries fund in 2027 and is targeting an H1 first close for its debut credit secondaries offering.
Ghost Tree is a California-based private credit investment firm providing senior secured, collateral-focused financing for lower middle-market companies.
The strategy, anchored by a Korean institutional investor, has adopted an evergreen semi-liquid structure aimed at capturing emerging credit secondary opportunities throughout the cycle.
The passive minority investment will reportedly strengthen the Swiss private equity firm's balance sheet and support team expansion and alignment with LPs.
The secondary market specialist will remain independently managed by its existing leadership team, with no changes to its investment strategy.
The 2025 SecLink Awards winner has returned $4.6 billion of capital to investors through five strip sales over the past two years.
The deal gave investors in Carlyle Credit Opportunities Fund II a liquidity option, while adding capital to support the media investment manager's growth.
Blue Owl GP Stakes VI, which has raised approximately $10 billion, is expected to hold a final close this year.
SecondaryLink outlines the IRR & MOIC of several GP stakes funds managed by Blue Owl.
Blue Owl GP Stakes VI, which expects to wrap up fundraising this year, is roughly 40% committed against its $13 billion target.
