Portfolio

Our portfolio

We are focused on upper middle-market technology companies with conservative credit metrics.

As of December 31, 2025 • Q4'25 10-K

$945M Weighted average portfolio company revenue

$290M Weighted average portfolio company EBITDA

2.0x Weighted average portfolio company interest coverage

34% Weighted average loan-to-value

We are focused on the top of the capital structure.

Almost all of our debt investments are floating rate.

Our portfolio is well diversified across industry and geography.

Our portfolio by industry

Our portfolio by geography

As of December 31, 2025 • Q4'25 10-K

Note: Numbers may not sum due to rounding. All data as of 12/31/2025. Borrower financials are derived from the most recently available portfolio company financial statements, have not been independently verified by Blue Owl's Credit platform, and may reflect a normalized or adjusted amount. Accordingly, Blue Owl's Credit platform makes no representation or warranty in respect of this information. Diversification will not guarantee profitability or protection against loss.