Congratulations to Craig and the BDC teams on another successful merger. OTF is the largest dedicated software-focused BDC by total assets with over $12 billion of total assets at fair value and investments in 180 portfolio companies.
Pleased to announce the closing of the merger between Blue Owl Technology Finance Corp. (“OTF”) and Blue Owl Technology Finance Corp. II (“OTF II”), with OTF as the surviving company. This merger creates the largest software-lending BDC and represents a significant step in the evolution of the Blue Owl Capital Credit platform. We would like to thank all of our shareholders for their support in the completion of this transaction. We look forward to leveraging the increased scale of the combined company to continue to deliver attractive risk-adjusted returns while enhancing our positioning for a potential liquidity event in the future. Finally, I wanted to thank all of our many team members who worked so collaboratively to complete this milestone transaction. https://lnkd.in/erNVgC6s