8vFanI Business development companies, or BDCs, such as Blue Owl Capital Corporation (NYSE:OBDC), have benefited greatly from the Fed's rate rising program in the last ~1.5 years, as the majority of their debt investments have floating rates. OBDC's debt investments were 97% floating rate, as of 3/31/24. Company Profile: In 2023, Owl Rock Capital was renamed Blue Owl Capital Corp. in a rebranding that saw all the Blue Owl Capital (OWL) BDCs switching to the Blue Owl name. OWL has $174B in assets under manag ...