Private Debt News (@privatedebtnews): "Major private credit stocks plummeted on fears of AI disruption. Blue Owl, TPG, Ares, and KKR all fell by double-digit percentages. The sell-off targets exposure to the software industry. This follows a 20% year-to-date drop in the public software ETF. https://www.cnbc.com/2…"

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Private Debt News Feb 4

Private Debt News: Weekly News and Insights

Major private credit stocks plummeted on fears of AI disruption.

Blue Owl, TPG, Ares, and KKR all fell by double-digit percentages.

The sell-off targets exposure to the software industry.

This follows a 20% year-to-date drop in the public software ETF.

cnbc.com

Private credit stocks plummet on concern about exposure to software industry disrupted by AI

Shares of stocks with significant private credit market exposure were diving on fears about exposure to the industries being disrupted by artificial intelligence, including software.

Feb 4

7:01 PM

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