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New Mountain Capital CEO: AI SaaSpocalypse Is Overstated

New Mountain Capital CEO: AI SaaSpocalypse Is Overstated
Bloomberg Technology Monday 13 July 2026, 21:33 UTC 1 min read
Key Points

Jul 13th, 2026 New Mountain Capital CEO: AI SaaSpocalypse Is Overstated Steve Klinsky, Founder and CEO of New Mountain Capital, discussed the current state of private markets. He noted that recent redemption requests were primarily from retail investors in credit funds, which did not significantly impact institutional investor appetite. Klinsky highlighted that smarter institutional investors are increasingly moving into credit to capitalize on lower prices.

Jul 13th, 2026 New Mountain Capital CEO: AI SaaSpocalypse Is Overstated Steve Klinsky, Founder and CEO of New Mountain Capital, discussed the current state of private markets. He noted that recent redemption requests were primarily from retail investors in credit funds, which did not significantly impact institutional investor appetite. Klinsky highlighted that smarter institutional investors are increasingly moving into credit to capitalize on lower prices. He speaks with Romaine Bostick & Katie Greifeld on "The Close." [Image text:] Bloomberg The Close FUNDRAISING OVERCOMES RETAIL WORRIES "Alternative managers' institutional fundraising held pace in 2Q, overcoming retail redemptions from private credit funds." Source:BloombergIntelligence
New Mountain Capital (ORG) Steve Klinsky (PERSON) Klinsky (ORG) Romaine Bostick & Katie Greifeld (ORG)
Originally published by Bloomberg Technology Read original →

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