Added to YB: 2026-03-17
Pitch date: 2026-03-12
OTF [bullish]
Blue Owl Technology Finance Corp.
+6.59%
current return
Author Info
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Company Info
Blue Owl Technology Finance Corp. is a business development company specializes in upper middle-market, making debt and equity investments such as senior secured or unsecured loans, subordinated loans or mezzanine loans and equity-related securities including common equity, warrants, preferred stock and similar forms of senior equity, finance and business development company.
Market Cap
$5.5B
Pitch Price
$11.53
Price Target
14.73
Dividend
13.21%
EV/EBITDA
N/A
P/E
6.67
EV/Sales
10.01
Sector
Capital Markets
Category
value
Thoughts on BDCs (OTF)
OTF: Large tech-focused BDC at 67% NAV (~15% discount vs 96% historical avg). $14B assets, 0.75x debt/equity (underleveraged vs 1x avg) = flexibility to lend at better terms amid pullback. AI concerns overblown for embedded enterprise software. $300M buyback program ($65M used). Risks: 50% float lockup expiry, OBDC II liquidation fallout. 2.5% NAV in SpaceX (IPO catalyst). PT $14.73 (+43% upside). Scale = higher quality portfolio, diversification.
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