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Private Equity’s Giant Software Bet Has Been Upended by AI

Apollo and others reduced software exposure nearly 50% in 2025 due to AI challenges undermining SaaS revenue models, prompting market outflows and portfolio reviews.

Summary by Bloomberg
Apollo Global Management’s John Zito left the audience of investors stunned.

2 Articles

BloombergBloomberg
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SWI swissinfo.chSWI swissinfo.ch
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Private Equity’s Giant Software Bet Has Been Upended by AI

Apollo Global Management’s John Zito left the audience of investors stunned.

·United States
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SWI swissinfo.ch broke the news in Bern, Switzerland on Tuesday, February 3, 2026.
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