Clearwater Analytics (US:CWAN) Zhi Tong Cai Jing·2026-02-13 07:47Group 1 - A consortium of private credit firms, led by Goldman Sachs Alternative Investment Fund, will provide $3.5 billion to support the acquisition of Clearwater Analytics (CWAN.US) [1] - The debt issuance will carry a premium of 4.5 percentage points over the U.S. benchmark interest rate [1] - The acquisition, led by private equity firms Permira Holdings and Warburg Pincus, values Clearwater at approximately $8.4 billion and is expected to close by mid-2026 [1] Group 2 - Clearwater provides a cloud software platform for institutional investors in both public and private markets [2] - Recent market focus on the potential of artificial intelligence replacing software services has led to a decline in debt prices for some companies, casting a shadow over private equity investments in software [2] - The financing for the acquisitions of OneStream and Clearwater indicates that private credit institutions remain open to the software sector despite scrutiny over their exposure to risks [2]