Blue Owl Technology Finance Corp. Completes Merger with Blue Owl Technology Finance Corp. II
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Blue Owl Technology Finance Corp. (OTF) completed a merger with Blue Owl Technology Finance Corp. II (OTF II), resulting in a combined company with over $12 billion in total assets and investments in 180 portfolio companies. The merger establishes OTF as the largest software-focused Business Development Company (BDC), with legacy OTF and former OTF II shareholders owning approximately 46% and 54% of the combined company, respectively.
March 24, 2025 | 12:45 pm
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Blue Owl Capital Inc. (OWL) sees its subsidiary Blue Owl Technology Finance Corp. merge and expand its software lending BDC, potentially enhancing the parent company's market position and investment strategy.
The merger directly involves a subsidiary of Blue Owl Capital, potentially signaling strategic growth and increased investment capabilities, which could positively impact investor sentiment.
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IMPORTANCE 75
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