The company was formed in June 2021 as a Maryland Corporation and commenced operations in May 2022. The company is managed by Blue Owl Technology Credit Advisors II LLC, an indirect subsidiary of Blue Owl Capital, Inc. (NYSE: OWL), which had approximately $144.4 billion of AUM as of March 31, 2023. The company's investment strategy coincides with the strategies of Blue Owl Technology Finance Corporation (KBRA Issuer/ Senior Unsecured Debt ratings of BBB/ Stable Outlook), and Blue Owl Technology Finance Corporation II (KBRA Issuer/ Senior Unsecured Debt ratings of BBB/ Stable Outlook). Blue Owl's technology lending products had approximately $17.2 billion of AUM as of March 31, 2023. Rating Sensitivities A rating upgrade is not expected in the near future.