Apollo, KKR Actively Trade Loans to Offload Problem Assets Amid Market Stress

GateNews
According to sources familiar with the matter, private credit funds including Apollo and KKR have begun actively trading loans to sell problem assets and identify discounted opportunities, marking a shift in market behavior as the industry experiences its first major stress test. Some business development companies are reducing software sector exposure amid concerns over AI's potential impact on software business models, while other investors are opportunistically buying previously illiquid, discounted private loans.
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