Private Markets Push for World’s Wealthy Runs Into AI Meltdown

The salespeople on the front line of a private-markets push to win over the world’s wealthy are quite adept at fielding questions on opacity, liquidity and valuation. Their list of...

By Leonard Kehnscherper, Meg Short, Swetha Gopinath · Bloomberg Markets

The salespeople on the front line of a private-markets push to win over the world’s wealthy are quite adept at fielding questions on opacity, liquidity and valuation. Their list of tricky talking points just got a new addition — the so-called SaaSpocalypse.