What’s News in Earnings: Can AI Investments Help Private Credit’s Recovery?
Summary
This episode examines the struggles of private credit giants like Blackstone, Apollo, and Blue Owl, whose stocks have declined due to client exodus and losses from AI-disrupted software bets. While redemption pressures are easing, challenges persist as firms pivot toward AI infrastructure investments to drive growth. The discussion also highlights risks posed by loose underwriting standards if the broader economy slows down.
Topics discussed
IBM ad: AI results and HR integration
Private equity struggles: stock declines and deal gridlock
Guest introduction: Anna Maria Andriotis
Slowing inflows in private credit funds
Software company losses and AI competition impact
Blackstone's AI investments and infrastructure deals
Economic slowdown risks and loan underwriting quality
Show closing and credits
IBM ad: AI results and HR integration (repeat)
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