PE Firm Hg Marks Down Fund Value by 9% After Software’s Plunge
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Private equity firm Hg marked down the portfolio value of one of its funds by 9% in the first quarter after software valuations fell to a 20-year low, highlighting concerns that artificial intelligence will deal a huge blow to the industry.
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Original article published by Bloomberg on May 7, 2026. Analysis and insights provided by AnalystMarkets AI.
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