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COVID-19 Update
In this unprecedented time, the Dyal team is taking important steps to support the personal health and continued success of our employees, Partner Managers, and investors. As we cope with the realities of the COVID-19 pandemic, we are committed to providing guidance and useful knowledge, in real time, to help our Partner Managers navigate through this uncertain period. We remain focused on safeguarding the best interest of our investors; if you have any questions or concerns, please do not hesitate to contact us at

About Us

Dyal Capital Partners seeks to acquire minority equity stakes in and provide financing to established alternative asset managers. With over a decade of experience transacting with institutional financial firms, our team has completed over 50 equity and debt transactions and manages approximately $21.7 billion in aggregate capital commitments.1 Central to Dyal’s success is our Business Services Platform (the “BSP”). The BSP is a team that provides strategic support to our underlying partners in various areas, which we broadly divide into two categories: Capital Strategy and Advisory Services. Part of Neuberger Berman Group LLC, the Dyal team is located in New York, London, and Hong Kong.

Latest News

Dyal Capital Partners Sets Record With $9.0 Billion Fund IV

NEW YORK, December 2, 2019Dyal Capital Partners (“Dyal”), a division of Neuberger Berman, announced the final closing of Dyal Capital Partners IV (“Fund IV”) with over $9.0 billion of committed capital. Dyal closed Fund IV on October 31, 2019 and increased the target fund size by over $3.5 billion during the marketing period, as investment opportunities increased and investor interest in the strategy grew. As with Dyal’s previous fund, Fund IV was heavily oversubscribed at the final close. More

Owl Rock Capital Group Announces Strategic Minority Investment by Dyal Capital

NEW YORK, November 11, 2019 – Owl Rock Capital Group (“Owl Rock”), a leading alternative asset management firm, announced today that it has sold a passive, non-voting minority stake to Dyal Capital Partners (“Dyal”), a division of Neuberger Berman. Terms of the investment were not disclosed. More

Arcmont Launches as Independent €13 Billion Private Debt Business with Expanded Offering

LONDON, November 5, 2019 – Arcmont Asset Management (“Arcmont”) announces the launch of its private debt business as an independent entity, following the completion of its separation from BlueBay Asset Management (“BlueBay”). More

Dyal Insights

In a recent interview on Bloomberg TV, Michael Rees, Managing Director and Head of Dyal Capital Partners, shares his insights on several important trends impacting the private equity industry.

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