Private Credit Giants Try to Reassure Investors on AI Risks to Software Bets
The Ares Management offices in Los Angeles.
Photographer: Lauren Justice/BloombergThree of the biggest names in private credit moved to reassure investors this week about the AI risks facing their software borrowers, deploying proprietary “score cards” and outside consultants.
The findings: vulnerability is “medium” and “minimal,” and portfolios are “more insulated.”