Shares of private capital giants sink on worries AI risks hitting growth
Ares, Blue Owl and KKR warn on outlook for 2026 as concern about exposure to software investments weighs on sector
Ares, Blue Owl and KKR warn on outlook for 2026 as concern about exposure to software investments weighs on sector

New Anthropic legal tool sends shares in companies including S&P Global and Intuit sliding

Executives face choice between cutting returns to shareholders, raiding reserves or tapping the markets

Sectors including wealth management and trucking have been hit with sudden share price declines

Private capital giant shorted loans and cut exposure to sector amid concerns over threat from AI

Business Development Companies’ bonds and equity have fallen sharply this year

Private capital groups also suffer steep losses