Blue Owl Sees No Tech ‘Red Flags’ as Shares Extend Record Plunge

Blue Owl Capital Inc.’s management told investors that its software lending portfolio is in “pristine” condition, dismissing risks from the AI-driven sell off, even as its shares continued to be punished on Thursday.

The company’s software loan book is strong and isn’t seeing a deterioration in performance or meaningful losses, Co-Chief Executive Officer Marc Lipschultz said during a call discussing earnings. Those loans have, on average, a loan-to-value in the low 30% range, he said, meaning the software debt is protected by a strong equity cushion.