Some infos from the Reuters piece :

- Redemptions are picking up across BDCs - Big players like Apollo, Blackstone, KKR have started limiting the withdrawals - Returns are compressing while funding costs are rising - AI risk is non-trivial

Feels like the real issue is that metrics aren’t just measuring but they’re shaping behavior : Once you reduce something complex like some good code, happy users or solid product decisions into a number then people start optimizing the number instead of the thing itself. True thzt it scales better but then you lose a lot of what really matters; I don’t think companies are wrong to do it but just that the trade-off is way bigger than people can admit.