Ares Flags More Distressed Borrowers as AI Disrupts Private Credit Portfolio
Ares Management reports an uptick in underperforming investments during the second quarter, following concerns about AI disruption.
Ares Management noticed more companies in their investment group are struggling to pay back money, partly because AI technology is changing how businesses work. When an investment company reports more problems, it's a sign to watch whether the companies they picked are handling big changes well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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