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Private Equity

BDC shares slide amid concerns over software exposure

privateequitywire

4 months ago

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Shares of US-listed business development companies (BDCs) fell on Monday, as investor concerns over exposure to the software sector weighed on the group. Blue Owl Capital Corp’s stock closed down more than 4%, hitting its lowest level since October 2022, according to a report by Bloomberg.
Other lenders were also under pressure. Ares Capital Corp ended the session down 1.9%, while shares in Trinity Capital and Sixth Street Specialty Lending both fell close to 3% before paring some previous losse...

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