Jeffrey Gundlach

CEO and Chief Investment Officer of DoubleLine Capital, a fixed-income investment manager. Gundlach is widely known as an investor and market commentator, including for his views on credit markets, mortgage-backed securities, private credit risk, and macroeconomic conditions.

Private Credit Faces a Confidence Test as AI Hits Software Loans

Private credit’s roughly $1.8 trillion boom is facing its first major test as a crisis of confidence rather than a broad default cycle, Bloomberg Originals argues. The report says the rapid growth of lending outside banks has left investors questioning private loan marks, limited liquidity in retail-facing funds, and underwriting assumptions around software borrowers whose growth prospects may be undermined by artificial intelligence.

Bloomberg OriginalsMay 8, 20269 min read