Blue Owl targets larger compute allocation as it expects financing spreads to widen
Blue Owl Technology Finance Corp. is aiming to increase its allocation to compute investments to the high single digits from about 2% of its portfolio at fair value. On its earnings call, President Erik Bissonnette said he expects financing spreads to keep widening and warned that a change in government could constrain computing supply. The fund said its compute deals focus on very short-duration debt.