Private credit disruptors: War & AI - The Economic Times

Group 1 - The US private credit market, valued at $2 trillion, is experiencing significant turmoil due to the West Asia conflict and fears of a global economic slowdown [2] - Major fund houses such as Blue Owl Capital, JPMorgan Chase, Morgan Stanley, BlackRock, and Blackstone are imposing restrictions on investor withdrawals as liquidity pressures increase [2] - The disruption caused by AI is affecting software companies that constitute 30% of the private credit portfolios, leading to concerns about a crisis potentially larger than the $1.3 trillion financial crisis of 2008 [2]