Christopher Temple
About Christopher M. Temple
Christopher M. Temple, 57, is an independent director of Blue Owl Technology Finance Corp. (OTF) since 2018 and currently serves as Audit Committee Chair; he is also a member of the Nominating & Corporate Governance (NCG) and Co-Investment Committees. He is designated by the Board as an “audit committee financial expert” based on a career spanning private equity, investment management, and public company board service; his education includes a B.B.A. magna cum laude from the University of Texas and an M.B.A. from Harvard, and he began his career in KPMG’s audit and tax practice as a licensed CPA (1989–1993) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| DelTex Capital LLC | President | 2010–present | Private investment firm leadership |
| Vulcan Capital | President; Vice President | President: May–Dec 2009; VP: Sep 2008–May 2009 | Senior investment leadership at Paul Allen’s family office |
| Tailwind Capital, LLC | Managing Director; Operating Executive/Senior Advisor | MD: May–Aug 2008; later Operating Executive/Senior Advisor | Middle-market PE execution and operating oversight |
| Friend Skoler & Co., Inc. | Managing Director | May 2005–May 2008 | PE investing |
| Thayer Capital Partners | Managing Director | Apr 1996–Dec 2004 | PE investing |
| KPMG (Houston) | Audit/Tax (CPA) | CPA 1989–1993 | Financial reporting and audit grounding |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Plains GP Holdings, L.P. | Director | Nov 2016–May 2024 | Compensation Committee (Nov 2020–May 2024) |
| Plains All American Pipeline GP | Director | May 2009–Nov 2016 | Audit Committee (2009–2016) |
| Clear Channel Outdoor Holdings | Director | Apr 2011–May 2016 | Audit Committee member |
| Charter Communications, Inc. | Director | Nov 2009–Jan 2011 | Audit Committee member |
| Blue Owl Capital Corporation (OBDC) | Director | Since Mar 2016 | Blue Owl BDC fund complex oversight |
| Blue Owl Capital Corporation II (OBDC II) | Director | Since Nov 2016 | Blue Owl BDC fund complex oversight |
| Blue Owl Credit Income Corp. (OCIC) | Director | Since Sep 2020 | Blue Owl BDC fund complex oversight |
| Blue Owl Technology Income Corp. (OTIC) | Director | Since Aug 2021 | Blue Owl BDC fund complex oversight |
| Blue Owl Capital Corporation III (OBDE) | Director | Feb 2020–Jan 2025 | Prior Blue Owl BDC director |
| Blue Owl Technology Finance Corp. II (OTF II) | Director | Nov 2021–Mar 2025 | Prior Blue Owl BDC director |
Board Governance
- Independent director; committees: Audit (Chair), NCG, and Co-Investment; Board is majority independent with an independent non-executive chairman .
- Audit Committee met seven times in 2024; NCG met three times in 2024; Board met sixteen times in 2024; each incumbent director attended at least 75% of Board and relevant committee meetings in 2024 .
- Audit Committee: Temple is Chair and designated “audit committee financial expert”; the Board noted all Audit Committee members serve on three or more public company audit committees and concluded this does not impair effectiveness .
- Co-Investment Committee formed February 18, 2025 to oversee SEC exemptive relief transactions among Blue Owl-managed vehicles; Temple is a member .
Fixed Compensation
| Component | OTF Amount (FY2024) | Notes |
|---|---|---|
| Fees Earned and Paid in Cash (OTF) | $210,000 | Independent director cash compensation for service in 2024 |
| Total Compensation from Fund Complex | $1,457,500 | Aggregate across OBDC, OBDC II, OBDE, OCIC, OTF, OTF II, OTIC |
| Fund-by-Fund Detail (FY2024) | OBDC $260,000; OBDC II $160,000; OBDE $191,250; OCIC $260,000; OTF $210,000; OTF II $185,000; OTIC $191,250 | Per-entity fees |
Director fee schedule (effective through Dec 31, 2024):
| AUM Bracket | Annual Cash Retainer | Chair of Board | Chair of Audit | Chair of Committee |
|---|---|---|---|---|
| $0–$2.5B | $150,000 | $15,000 | $10,000 | $5,000 |
| $2.5–$5B | $175,000 | $15,000 | $10,000 | $5,000 |
| $5–$10B | $200,000 | $15,000 | $10,000 | $5,000 |
| ≥$10B | $250,000 | $15,000 | $10,000 | $5,000 |
Updated schedule (effective Apr 1, 2025):
| AUM Bracket | Annual Cash Retainer | Chair of Board | Chair of Audit | Chair of Committee |
|---|---|---|---|---|
| $0–$2.5B | $150,000 | $15,000 | $10,000 | $5,000 |
| $2.5–$5B | $200,000 | $15,000 | $10,000 | $5,000 |
| $5–$10B | $250,000 | $15,000 | $10,000 | $5,000 |
| $10–$15B | $300,000 | $15,000 | $10,000 | $5,000 |
| ≥$15B | $350,000 | $15,000 | $10,000 | $5,000 |
Performance Compensation
- Proxy discloses only cash-based fees for independent directors; no equity awards, options, or performance-linked director compensation are disclosed for Temple .
- The company prohibits hedging and pledging of company securities by directors and officers, reinforcing alignment and risk controls .
Other Directorships & Interlocks
| Category | Details |
|---|---|
| Blue Owl BDC Interlocks | Concurrent directorships across OBDC, OBDC II, OCIC, OTIC (and previously OBDE, OTF II) indicate extensive intra-platform oversight and potential information advantages; also raises allocation/co-investment oversight considerations . |
| Audit Committee Load | Board recognizes each Audit Committee member serves on ≥3 public company audit committees and has determined no impairment to effectiveness; Temple is Audit Chair and designated financial expert . |
Expertise & Qualifications
- Audit committee financial expert; deep financial and accounting background (CPA at KPMG) and extensive PE/direct lending investing experience across multiple cycles .
- Public board experience across energy infrastructure, media, and telecom, including audit and compensation committees, strengthens oversight and risk management capabilities .
- Advanced degrees (B.B.A., M.B.A.) and leadership roles in investment firms support capital allocation and governance competence .
Equity Ownership
| Measure | OTF | Fund Complex |
|---|---|---|
| Shares Beneficially Owned (as of Mar 28, 2025) | — | N/A (aggregate $ range reported below) |
| Dollar Range in OTF | — | N/A |
| Aggregate Dollar Range in Fund Complex | Over $100,000 | Over $100,000 |
| Shares Pledged/Hedged | Prohibited by policy | Prohibited by policy |
Notes: Beneficial ownership table shows “—” for Temple at OTF; dollar range table shows “—” for OTF and “Over $100,000” across the Blue Owl fund complex . Company policy prohibits hedging and pledging of company securities by directors/officers .
Governance Assessment
- Positive signals: Independent status, Audit Chair designation, and “audit committee financial expert” status point to strong oversight. Board majority independence, independent chair, and good meeting cadence (Board: 16 in 2024; Audit: 7; NCG: 3) with ≥75% attendance indicate robust engagement .
- Alignment considerations: Proxy shows no disclosed OTF equity ownership for Temple and no director equity grants, which may limit direct economic alignment at the entity level; however, aggregate fund-complex exposure exceeds $100,000 .
- Conflicts risk: Extensive cross-directorships across Blue Owl BDCs can create co-investment and allocation conflicts; the Board relies on SEC co-investment exemptive relief, a formal allocation policy, and a dedicated Co-Investment Committee to mitigate these risks .
- Workload risk: Simultaneous service on ≥3 public company audit committees may pose time/attention risks, though the Board explicitly determined this does not impair effectiveness for current members .
- Policy safeguards: Prohibitions on hedging/pledging and formal related-party transaction review by the Audit Committee reduce governance risk; Section 16 filings were reported as timely for 2024 .