Ares Slashes Value of Three Clearlake-Owned Software Companies
Ares Management Corp. wrote down the value of loans to three Clearlake Capital Group-owned software businesses, as it warns of difficult conversations ahead with companies vulnerable to disruption from artificial intelligence.
ORIGINAL SOURCE →via Bloomberg Markets
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · tech
- [TECH] I Onboarded 3 AI Agents Across 6 Platforms in One Weekend — Here's the Competitive Map
- [TECH] SecretVault: One Interface to Rule All Your Cloud Secrets in .NET 9
- [TECH] How I Built a NASA-Style Name Generator with Next.js and Canvas API
- [TECH] Field Notes from a Cross-Domain Engineer Working with AI
- [TECH] You're Already Using AI — You Just Don't Know It
- [TECH] Indie Dev Launch Checklist — Product Hunt, HN, and SNS Simultaneous Rollout