Permira eyes software loans amid AI fears

European private equity firm Permira, managing €85 billion, is actively seeking investment opportunities in software loans. The firm perceives value in loans that have been negatively impacted by widespread concerns regarding artificial intelligence's disruptive potential. Permira's strategy involves capitalizing on market anxieties, suggesting a contrarian approach to investing in the technology sector. By targeting these 'beaten up' assets, the firm aims to secure favorable terms and potentially high returns as the market reassesses the long-term viability and valuation of software companies in the age of AI.