ACC: Private credit stress contained despite software jitters

AI is boosting the stock market. But it's a threat to private credit.

Software investments have been a cash cow for private credit, but AI is changing that.

ACC: Private credit stress contained despite software jitters

Private credit loan portfolios show stability and resilience, with markdowns from software-related stress contained, according to research by the Alternative Credit Council (ACC). In the ACC’s private credit quarterly market update, it found that historical loss rates remain low, with Aksia data cited in the paper showing that first-lien direct lending generated cumulative principal losses […] The post ACC: Private credit stress contained despit…