NEW YORK, May 7 : Blue Owl's biggest publicly traded private credit fund will look to reduce its exposure to software, the fund's chief executive said, as uncertainty about the impact of artificial intelligence on the sector roils valuations. The share of software assets in Blue Owl Capital Corp declined to 16 per cent from 19 per cent in the first quarter of the year, Craig Packer told analysts on a conference call on Thursday.  This happened "naturally" as borrowers repaid loans, Packer said.