After lowering the valuation of the private lending fund loan portfolio, it is reported that JPMorgan Chase has tightened its lending practices.

According to informed sources, after reducing the valuation of some private credit funds, JPMorgan Chase tightened its lending to some of those funds. This is the latest sign of pressure facing the $1.8 trillion private credit industry. The sources added that the loans that were devalued were related to loans granted to software companies. In recent weeks, the software industry has become a focus of attention as investors worry about the impact of artificial intelligence.