Software Sell-Off Sparks Credit Fears, but Experts Say Debt Is Safe

Software sell-off sparks credit fears, but experts say debt is safe

The software sell-off has fuelled concerns over private credit exposure, but experts warn that the panic is exaggerated as not all software firms are the same and debt is senior in the capital stack. The future viability of software as an industry – and investment opportunity – was thrown into doubt earlier this month when […] The post Software sell-off sparks credit fears, but experts say debt is safe appeared first on Alternative Credit Invest…

Apollo, Blackstone executives look to quell investor concern amid software sell-off

Senior executives at major alternative asset managers including Apollo Global Management, Blackstone, Ares Management and KKR have moved to reassure investors that their portfolios remain resilient, as a sharp sell-off in listed software stocks continues to pressure their own share prices, according to a report by Reuters. Investor concerns have centred on whether advances in artificial intelligence could disrupt software business models and, by…