Blue Owl Capital: There Are 2 Fundamental Showstoppers
Belden(BDC) Seeking Alpha·2024-07-28 17:48
Hiroshi WatanabeBlue Owl Capital (NYSE:OBDC) is the third largest BDC carrying an NAV base of circa $6 billion, falling short only from FS KKR Capital (NYSE:FSK) and Ares Capital (NASDAQ:ARCC) that have NAV figures of ~ $6.8 billion and ~ $11.8 billion, respectively. The overarching strategy of OBDC is to provide direct lending solutions to U.S. upper middle-market companies. Yet, here it is critical to underscore a couple of details pertaining to the strategy (or investment underwriting policy) itself: ...