Blue Owl Technology Finance (NYSE:OTF) reported first-quarter 2026 adjusted net investment income of $0.29 per share and net asset value of $16.49 per share, as management said market volatility around software and technology assets weighed on valuations even as underlying credit performance remained strong.
On the company’s earnings call, CEO Craig Packer said software remains a major focus for investors and for OTF as a lender, but he emphasized that recent pressure was largely market-driven rather than a sign of portfolio credit deterioration. He said more than 80% of the quarter’s write-down was attributable to mark-to-market movements tied to wider technology credit spreads.
