Dyal Said to Agree Lead Edge Capital Minority-Stake Purchase

Blue Owl Capital Inc.’s Dyal Capital has agreed to acquire a minority stake in growth-equity investment firm Lead Edge Capital, according to people with knowledge of the matter.

The transaction is set to close in coming months, said one of the people, all of whom requested anonymity. Terms couldn’t immediately be learned.

Representatives for Blue Owl and Lead Edge declined to comment.

Lead Edge, led by founding partner Mitchell Green in April said it raised $1.95 billion for a fund dedicated to backing both private and public software, internet, consumer, and tech-enabled service companies. At the time, he ...