• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Blue Owl Capital and Upstart Partner on Consumer Credit in $2 Billion Agreement

    10/10/24 2:33:00 PM ET
    $OWL
    $UPST
    Investment Managers
    Finance
    Finance: Consumer Services
    Finance
    Get the next $OWL alert in real time by email

    Upstart (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced a programmatic purchase commitment from funds managed by Blue Owl Capital Inc. ("Blue Owl"). Blue Owl's Alternative Credit strategy will purchase up to $2 billion of consumer loans on the Upstart platform over 18 months. The transaction includes an initial acquisition of a $290 million personal loan portfolio, which closed in September.

    "We are excited to support Upstart's efforts to make the consumer lending process dramatically more efficient for both borrowers and lenders," said David Aidi, Co-Head of Financial Assets, Blue Owl Alternative Credit. "We are also proud to leverage the Blue Owl Alternative Credit team's data science effort and deep experience in the consumer space to join Upstart in this journey," said Ray Chan, Co-Head of Financial Assets, Blue Owl Alternative Credit.

    "We're thrilled to partner with the Blue Owl team in one of our largest purchase commitments ever," said Sanjay Datta, CFO, Upstart. "Blue Owl's ambitious vision and long-term focus will accelerate our efforts to expand access to affordable credit."

    The transaction was structured and closed by Atalaya Capital Management LP ("Atalaya"), an alternative credit manager that focused primarily on asset-based credit investments across consumer and commercial finance, corporate, and real estate assets. Blue Owl completed its acquisition of Atalaya on Sept. 30, representing a significant expansion of Blue Owl's alternative credit presence and supplementing its market-leading position in direct lending.

    ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds, will provide the debt financing for the loan purchases.

    About Upstart

    Upstart (NASDAQ:UPST) is the leading AI lending marketplace, connecting millions of consumers to more than 100 banks and credit unions that leverage Upstart's AI models and cloud applications to deliver superior credit products. With Upstart AI, lenders can approve more borrowers at lower rates across races, ages, and genders, while delivering the exceptional digital-first experience customers demand. More than 80% of borrowers are approved instantly, with zero documentation to upload. Founded in 2012, Upstart's platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small-dollar "relief" loans. Upstart is based in San Mateo, California, and also has offices in Columbus, Ohio and Austin, Texas.

    About Blue Owl

    Blue Owl (NYSE:OWL) is a leading asset manager that is redefining alternatives. With over $192 billion in assets under management as of June 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation. Together with over 820 experienced professionals, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.

    Forward Looking Statements Disclaimer

    All forward-looking statements or information on this press release are subject to risks and uncertainties that may cause actual results to differ materially from those that Upstart expected. Any forward-looking statements or information on this site are only as of the date hereof. Upstart undertakes no obligation to update or revise any forward-looking statements or information on this press release as a result of new information, future events or otherwise. More information about these risks and uncertainties is provided in Upstart's public filings with the Securities and Exchange Commission, copies of which may be obtained by visiting Upstart's investor relations website at www.upstart.com or the SEC's website at www.sec.gov.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241009387002/en/

    Get the next $OWL alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $OWL
    $UPST

    CompanyDatePrice TargetRatingAnalyst
    Upstart Holdings Inc.
    $UPST
    7/14/2025$71.00Sell
    Goldman
    Upstart Holdings Inc.
    $UPST
    6/24/2025$75.00Overweight
    Piper Sandler
    Upstart Holdings Inc.
    $UPST
    6/12/2025$55.00Equal-Weight
    Stephens
    Blue Owl Capital Inc.
    $OWL
    5/20/2025$23.00Mkt Perform → Outperform
    Keefe Bruyette
    Upstart Holdings Inc.
    $UPST
    4/29/2025$53.00Underperform → Neutral
    BofA Securities
    Blue Owl Capital Inc.
    $OWL
    2/24/2025$29.00Overweight
    Barclays
    Upstart Holdings Inc.
    $UPST
    2/14/2025$12.00 → $70.00Underweight → Equal-Weight
    Morgan Stanley
    Upstart Holdings Inc.
    $UPST
    2/12/2025$57.00 → $79.00Underweight → Neutral
    Analyst
    More analyst ratings

    $OWL
    $UPST
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Madrigal Pharmaceuticals Secures $500 Million in Senior Secured Credit from Blue Owl Managed Funds to Further Extend Leadership Position in MASH

      Proceeds to primarily support MASH pipeline expansion and to refinance existing senior credit facility$350 million initial term loan funded at close and up to an additional $150 million available through 2027Agreement also provides for the possibility of additional incremental facilities of up to $250 million of credit to support further strategic pipeline expansion CONSHOHOCKEN, Pa., July 22, 2025 (GLOBE NEWSWIRE) -- Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL), a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), today announced that it has entered into a $500 million senior secured credit facility with funds

      7/22/25 8:00:00 AM ET
      $MDGL
      $OWL
      Biotechnology: Pharmaceutical Preparations
      Health Care
      Investment Managers
      Finance
    • Blue Owl Capital Announces Final Close for Private Offering of an Alternative Credit Fund

      Blue Owl closes $850 million to launch next chapter of growth in Alternative CreditNEW YORK, July 17, 2025 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE:OWL), a leading alternative asset manager, today announced the final close of the private offering of an alternative credit fund (the "Fund"), securing $850 million in capital commitments from a diverse client base across its global private wealth channel. The Fund seeks to provide current income, and to a lesser extent, capital appreciation through investments in alternative credit strategies with a focus on asset-based finance, such as financing solutions based on financial or hard asset collateral. This milestone marks a significant achiev

      7/17/25 8:00:00 AM ET
      $OWL
      Investment Managers
      Finance
    • Cabrillo Credit Union Selects Upstart for Personal Lending

      Cabrillo Credit Union (Cabrillo), a leading credit union serving 26,000 members across the greater San Diego community, has announced its partnership with Upstart (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, to offer personal loans to more consumers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250716165931/en/ "At Cabrillo Credit Union, our mission is to enrich our members' lives one relationship at a time by meeting them where and when they need us most," said Bret Hoda, Chief Revenue Officer at Cabrillo Credit Union. "Through our partnership with Upstart, we're able to reach, onboard and buil

      7/16/25 9:00:00 AM ET
      $UPST
      Finance: Consumer Services
      Finance

    $OWL
    $UPST
    SEC Filings

    See more
    • SEC Form 144 filed by Upstart Holdings Inc.

      144 - Upstart Holdings, Inc. (0001647639) (Subject)

      7/24/25 4:00:48 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • SEC Form 144 filed by Upstart Holdings Inc.

      144 - Upstart Holdings, Inc. (0001647639) (Subject)

      7/21/25 4:05:37 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • SEC Form 144 filed by Upstart Holdings Inc.

      144 - Upstart Holdings, Inc. (0001647639) (Subject)

      7/8/25 4:31:57 PM ET
      $UPST
      Finance: Consumer Services
      Finance

    $OWL
    $UPST
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Goldman resumed coverage on Upstart with a new price target

      Goldman resumed coverage of Upstart with a rating of Sell and set a new price target of $71.00

      7/14/25 8:56:38 AM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Piper Sandler resumed coverage on Upstart with a new price target

      Piper Sandler resumed coverage of Upstart with a rating of Overweight and set a new price target of $75.00

      6/24/25 8:25:23 AM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Stephens initiated coverage on Upstart with a new price target

      Stephens initiated coverage of Upstart with a rating of Equal-Weight and set a new price target of $55.00

      6/12/25 7:57:03 AM ET
      $UPST
      Finance: Consumer Services
      Finance

    $OWL
    $UPST
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Executive Officer Girouard Dave exercised 41,667 shares at a strike of $0.83 and sold $3,127,831 worth of shares (41,667 units at $75.07) (SEC Form 4)

      4 - Upstart Holdings, Inc. (0001647639) (Issuer)

      7/17/25 4:45:53 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Officer Mirgorodskaya Natalia exercised 4,000 shares at a strike of $25.90 and sold $320,270 worth of shares (4,000 units at $80.07) (SEC Form 4)

      4 - Upstart Holdings, Inc. (0001647639) (Issuer)

      7/10/25 4:35:02 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Chief Legal Officer Darling Scott exercised 5,000 shares at a strike of $13.22 and sold $400,210 worth of shares (5,000 units at $80.04) (SEC Form 4)

      4 - Upstart Holdings, Inc. (0001647639) (Issuer)

      7/10/25 4:32:28 PM ET
      $UPST
      Finance: Consumer Services
      Finance

    $OWL
    $UPST
    Leadership Updates

    Live Leadership Updates

    See more
    • Sound Point Capital Appoints Dan Fabian as Global Chief Financial Officer

      Longtime Chief Financial Officer Kevin Gerlitz Retires After 16 Years at Sound Point Sound Point Capital Management, a credit-oriented investment manager overseeing approximately $43 billion in total assets, today announced the appointment of Dan Fabian as Global Chief Financial Officer, effective immediately. He succeeds Kevin Gerlitz, who is retiring after a distinguished tenure as the firm's long-serving Chief Financial Officer. "We're thrilled to welcome Dan to Sound Point," said Stephen Ketchum, Founder and Managing Partner of Sound Point Capital. "His deep expertise across the asset management landscape and proven ability to scale global investment platforms makes him an invaluabl

      6/30/25 8:00:00 AM ET
      $OWL
      Investment Managers
      Finance
    • Vantage Mobility Appoints Daryl Adams as CEO

      PHOENIX, April 10, 2025 /PRNewswire/ -- Vantage Mobility ("the Company"), a leading manufacturer of wheelchair accessible vehicles ("WAVs"), announced yesterday the appointment of Daryl Adams as Chief Executive Officer. Mr. Adams brings significant expertise leading specialty vehicle and automotive supply companies to Vantage Mobility and will guide the Company's growth and expansion.   Mr. Adams is a respected industry leader with a proven track record of driving transformational growth and sustainable scale at global automotive companies. For over 35 years, he has served in leadership positions at automotive manufacturing businesses and has been responsible for operational improvements, i

      4/10/25 1:15:00 PM ET
      $OBDC
      $OWL
      $SHYF
      Diversified Financial Services
      Finance
      Investment Managers
      Auto Manufacturing
    • Skylight Fuels Family-First Innovation with $50 Million of Financing From SG Credit Partners and Wingspire Capital

      This loan facility will support Skylight's sustainable momentum while providing increased ability to weather economic cycles. LOS ANGELES, April 3, 2025 /PRNewswire/ -- Skylight, the company building the operating system for families, has secured a $50 million loan through an expanded partnership with SG Credit Partners and new partner Wingspire Capital. As a bootstrapped company that has achieved 99% year-over-year revenue growth, the financing will further support Skylight's mission to meet the surging demand for its innovative technology for families. This financing represe

      4/3/25 9:00:00 AM ET
      $OBDC
      $OWL
      Diversified Financial Services
      Finance
      Investment Managers

    $OWL
    $UPST
    Financials

    Live finance-specific insights

    See more
    • Turning Rock Partners Announces the Sale of South Reach Networks

      NEW YORK, July 15, 2025 /PRNewswire/ -- Turning Rock Partners ("TRP" or "Turning Rock") announces the sale of South Reach Networks ("South Reach" or "SRN"), a leading provider of hybrid fiber, colocation and transport services for carrier, content and enterprise customers through a control buyout transaction. South Reach was acquired in a control buyout transaction by a fund managed by Blue Owl Capital's Digital Infrastructure strategy ("Blue Owl"). Over the last several years, South Reach Networks grew its colocation and fiber footprint organically and through acquisition. "T

      7/15/25 8:00:00 AM ET
      $OWL
      Investment Managers
      Finance
    • Blue Owl Capital and Voya Financial Enter Strategic Partnership to Bring Private Markets Investments to Defined Contribution Retirement Plans

      Firms anticipate further collaboration, including investment strategies targeted to the institutional insurance market. NEW YORK, July 14, 2025 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE:OWL), a leading alternative asset manager, and Voya Financial, Inc. ("Voya") (NYSE:VOYA), a leading provider of retirement, investment, and benefit solutions, announced a strategic partnership to develop private markets investment products for defined contribution retirement plans. Voya serves more than 39,000 U.S. employers and their more than nine million retirement plan participants, who hold over $630 billion in defined contribution assets on Voya's retirement platform. Blue Owl manages ov

      7/14/25 7:00:00 AM ET
      $OWL
      $VOYA
      Investment Managers
      Finance
      Life Insurance
    • Upstart to Announce Second Quarter 2025 Results on August 5, 2025

      Upstart Holdings, Inc. (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, will hold a conference call to discuss its second quarter 2025 financial results on Tuesday, August 5, 2025, at 1:30 p.m. PT / 4:30 p.m. ET. The company's earnings press release and investor presentation will be available on its investor relations website at ir.upstart.com after the market closes that day. Live webcast. The live webcast and a replay will be available on Upstart's investor relations website. Conference Call Dial-In. To access the live conference call in the United States and Canada: +1 888-394-8218, conference code 3483881. To access the live conference call outside of the

      7/7/25 4:05:00 PM ET
      $UPST
      Finance: Consumer Services
      Finance

    $OWL
    $UPST
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Blue Owl Capital Inc.

      SC 13G/A - BLUE OWL CAPITAL INC. (0001823945) (Subject)

      11/14/24 5:24:34 PM ET
      $OWL
      Investment Managers
      Finance
    • Amendment: SEC Form SC 13G/A filed by Blue Owl Capital Inc.

      SC 13G/A - BLUE OWL CAPITAL INC. (0001823945) (Subject)

      11/13/24 4:00:12 PM ET
      $OWL
      Investment Managers
      Finance
    • Amendment: SEC Form SC 13G/A filed by Blue Owl Capital Inc.

      SC 13G/A - BLUE OWL CAPITAL INC. (0001823945) (Subject)

      11/13/24 10:27:59 AM ET
      $OWL
      Investment Managers
      Finance