European PE Giant Permira Looks to Buy Beaten Up Software Loans

Permira, a €85 billion ($98 billion) global private equity firm that lends to technology companies, is targeting software loans that have been sold down amid fears of AI disruption. The firm views the sell-off in software credit driven by AI anxiety as a buying opportunity to deploy capital into discounted loans. This signals potential selective private-credit upside in the software/tech lending market as dislocated pricing attracts opportunistic investors.

Analysis

Permira, a €85 billion ($98 billion) global private equity firm that lends to technology companies, is targeting software loans that have been sold down amid fears of AI disruption. The firm views the sell-off in software credit driven by AI anxiety as a buying opportunity to deploy capital into discounted loans. This signals potential selective private-credit upside in the software/tech lending market as dislocated pricing attracts opportunistic investors.