As redemptions jump and AI fears swirl, private credit giants defend their software bets.

Blue Owl, a direct lender specializing in loans to the software industry, said it had sold $1.4 billion of its loans to institutional investors at 99.7% of par value.

Despite swelling investor fear about AI disruption in the software sector, Blue Owl said its software loan portfolio is still broadly reporting revenue growth and not at risk of impairment. “This ...

Anthropic-driven software concerns spill into asset managers and banks, pressuring BDCs and financial stocks this week.