Kirkland & Ellis advised Blue Owl (NYSE: OWL), a leading alternative asset manager, on the fund formation of its inaugural opportunistic offering, the Owl Rock Opportunistic Fund. The fund held its final closing with $2.0 billion in aggregate capital commitments to the strategy.  Together with anticipated leverage, the strategy will have $2.5 billion of investable capital and will provide tailored financing and capital solutions to support leading middle market companies. The strategy attracted strong interest and backing from a diverse group of global investors, including pension funds, endowments, foundations, family offices and asset managers. Read the Blue Owl press release The Kirkland team was led by investment funds partners Stephanie Berdik, Robert Blaustein, Townshine Wu and Matt Smith, and associates Mat Eapen, Natalie Gallon, Daniel Sylvia and Aubrey Trudeau, tax partners Meredith Levy and Michael Milazzo and associate Ashley Flor, and employee benefits partner Elizabeth Dyer.