Here's how private credit bosses are defending their software bets as markets scrutinize Blue Owl

Apollo CEO Marc Rowan, Ares CEO Michael Arougheti, and Blackstone President Jon Gray

PATRICK T. FALLON/AFP via Getty Images/ Mike Blake/REUTERS/ Vernon Yuen for NurPhoto via Getty Images

• The software-apocalypse is hitting private credit, putting the biggest players on defense.
• Following concerns over Blue Owl's software exposure, other leaders are talking up their portfolios.
• Execs like Marc Rowan and Jon Gray defended their portfolios against software risk this week.