An analysis of four large private-credit funds finds an average of ~25% software share exposure, above the ~19% disclosed, amid investor concerns on SaaS stocks Wall Street Journal 2026-03-30 Related Coverage European Bank Stocks to Snap Record Quarterly Run on Iran, AI Bloomberg · Macarena Munoz Montijano Iran War's Latest Economic Toll: Oil at $115 a Barrel New York Times Private Credit Funds Understating Their Exposure to Software Struggles PYMNTS.com “Actually amongst the peer group, we have the lowest software exposure.” — I read this in Blue Owl Capital's 4Q earnings transcript and thought … Matt Wirz