Software-focused private credit Loading... : Investor Sentiment and Bull/Bear Views

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19:07
Feb 03
Dan Zwirn Founder, CEO, and CIO, Arena Investors Bloomberg Markets
Avoid software credit lacking margin of safety.
Zwirn is cautious on software credit because late-2021 deals were done at low-20s multiples and sometimes no cash flow, leaving no margin of safety. The business may still have positive value, but not enough to fill out the capital structure.
MED

About Software-focused private credit Investor Commentary

Across the available history and selected sources, Buzzberg tracks Software-focused private credit across 1 sources: 0 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 0% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Dan Zwirn.