Credit Edge: Permira Likes Battered Software Loans
Credit Edge
Permira Likes Battered Software Loans
The plunge in software debt creates opportunities to buy cheap loans from companies that will survive AI disruption, according to Permira Credit. “The market has overreacted,” Ian Jackson, the global private equity firm’s head of strategic opportunities, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Tolu Alamutu in the latest Credit Edge podcast. “The broad sell-off in software has been such an interesting place for us because a lot of these names, we just don’t believe we’ll go through restructuring,” says Jackson, whose company lends to technology companies. They also discuss fraud, private market stress, relative value in Europe versus US credit and the outlook for collateralized loan obligations.
Mar 26, 2026