Bargain hunters acquire private lending funds as valuations recover

2 articles · Updated · Bloomberg · Apr 25

Valuations for private lending funds hit their lowest since 2022 last month, prompting increased buying activity in the stock market.
Investors are attracted by perceived discounts after more than $15 billion in redemption requests hit non-traded peers, sparking fears of overexposure to software firms threatened by AI disruption.
The renewed interest signals confidence among some buyers despite ongoing concerns about the sector’s vulnerability to technological change and broader market sentiment shifts.

With software holdings threatened by AI, is the private credit rebound a brilliant bargain or a dangerous value trap?

Beyond software, where are savvy funds finding the next big private credit opportunity, like in AI data centers?

AI is creating software winners and losers. Which private debt portfolios hold the most resilient companies?

Some managers dodged the software meltdown. What did they see that market giants like Blackstone and Carlyle missed?

As trillions in 401(k) funds eye private credit, are regulations strong enough to prevent a future liquidity crisis?