Maxwell Fisher's questions to Blue Owl Capital Corp (OBDC) leadership • Q3 2024
Question
Speaking for Mark Hughes, Maxwell Fisher asked about the reasons for the lower average commitment size in Q3 and how the combined OBDC/OBDE entity will prioritize common equity investments.
Answer
President Logan Nicholson clarified that the smaller average investment size was a function of being at target leverage with less available capital, not a strategic shift. CFO Jonathan Lamm added that OBDC's higher equity concentration is due to strategic investments not present in OBDE; post-merger, the combined equity percentage will initially be lower but will provide room for future growth.