BX · 10-Q · 2026Q2 · Full report

AI Valuation Disruption

Blackstone Inc. · 2026-08-07 · Importance 40 · Surprise 42

Blackstone said the potential for artificial intelligence-driven disruption has weighed on equity capital markets and valuations in sectors such as software. Management expects the impact to vary substantially by company, with some companies positioned to benefit or remain protected. Select software company valuations have already been negatively affected and may face further pressure. The same risk was noted for software holdings in the Credit & Insurance portfolio, although substantial equity cushions provide some protection.

Key facts

• Private Equity noted that the potential for artificial intelligence-driven disruption has recently weighed on equity capital markets and valuations of companies in certain sectors, such as software, and that valuations of select software companies have been and may be negatively impacted going forward. source