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The Tech Trade Is Just Fine, CVC Marathon's Richards Says

Bloomberg Technology Tuesday 22 September 2026, 21:03 UTC 1 min read
Key Points

Bruce Richards, managing partner and head of CVC Marathon, says the technology trade is still “just fine” even as published private credit default rates rise. Speaking on "Bloomberg The Close," Richards argues that higher-for-longer rates have created an attractive environment for investors because they are getting better risk-adjusted returns in both investment-grade and non-investment-grade debt.

Bruce Richards, managing partner and head of CVC Marathon, says the technology trade is still “just fine” even as published private credit default rates rise. Speaking on "Bloomberg The Close," Richards argues that higher-for-longer rates have created an attractive environment for investors because they are getting better risk-adjusted returns in both investment-grade and non-investment-grade debt. (Source: Bloomberg)
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Originally published by Bloomberg Technology Read original →

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