Rees'e proposal is at an early stage, the FT said. Note that Blue Owl (NYSE:OWL) emerged in 2021 from the merger of Rees's Dyal Capital, credit-focused Owl Rock Capital, and a publicly-traded SPAC.

The firm has begun to discuss the so-called strip sale involving the $9 billion vehicle Dyal Capital Partners IV LP with potentially interested parties, said the people, all of whom asked not to ...