Orlando Bravo speaking at CNBC’s Delivering Alpha, 220928
Scott Mlyn | CNBC
Orlando Bravo, founder and managing partner of Thoma Bravo, pushed back on mounting criticism of private markets, saying deep sector expertise is separating winners from losers as artificial intelligence creates disruption across the software industry.
“We have been living in the details of the space for a very, very long time, not on a high level, not investing in stocks, [but] investing in companies, customer contracts, knowing the details. So, yes, as a sector specialist in private equity, our companies are very, very different,” Bravo said Tuesday in an interview with CNBC’s Leslie Picker. “We are so comfortable with our private credit book, given the choices we’ve made us a specialist.”
His comments come as investors step up scrutiny of private-market valuations and liquidity after a wave of markdowns and…
