Marathon's Richards Says Private Credit Software Defaults Could Hit 15%

Name: Marathon's Richards Says Private Credit Software Defaults Could Hit 15%
Uploaded: 2026-02-26T08:57:49.000Z
Duration: 5 min 30 s
Description: Marathon's Richards Says Private Credit Software Defaults Could Hit 15%

Written by BloombergPublished Feb. 26 2026Last Updated Feb. 26 2026

Marathon Asset Management founder and CEO Bruce Richards says private credit is too exposed to the software industry, telling Bloomberg Television there is a risk that defaults in software-exposed private credit markets could reach more than 15%.