Management attributed much of the quarter-over-quarter increase in net investment income to the repayment of its preferred-equity investment in Mavis Tire. Blue Owl collected approximately $274 million in cash from the repayment, including $66 million of accrued payment-in-kind, or PIK, interest. Blue Owl remains focused on the upper middle market, where management said it sees the best risk-adjusted returns. About Blue Owl Capital (NYSE:OBDC)Blue Owl Capital Corporation (NYSE: OBDC) is a publicly traded business development company sponsored by Blue Owl Capital, a global alternative asset manager. As an externally managed BDC, Blue Owl Capital Corporation leverages the deep credit‐investment capabilities of its sponsor to deliver flexible capital tailored to the needs of growing businesses.