Blue Owl Sees Opportunity as Election Results Threaten AI Compute Supply

07:22 PM EST, 11/05/2026 (MT Newswires) -- Blue Owl Technology Finance expects wider spreads on digital infrastructure deals as capital becomes scarcer, while potential changes in government could constrain new computing capacity, Bloomberg reported Thursday. The fund is targeting a high-single-digit allocation to compute investments, up from about 2% currently. Its largest new deal in Q3 was a $2.4 billion financing for AI neocloud operator Iren, with investments focused on short-duration debt backed by secure cash flows, the report said. Blue Owl also sought to address concerns about private credit valuations and software exposure. During the quarter, another fund, Blue Owl Capital Corp. II, exited $1 billion of investments, with every loan sold at or above its previous valuation marks, Bloomberg reported.