Credit Portfolio

According to reports, according to people familiar with the matter, KKR, Ares Management, and Carlyle Group are reviewing Silicon Valley Bank’s $74 billion loan statements to find assets that may be suitable for their credit portfolio. In addition, there have been previously reported reports of Apollo Global Management and Blackstone Group. Apollo Global Managemen does not intend to acquire SVB in its entirety, but it may assist some top venture capital companies that are considering restoring some of the bank’s customer facing businesses. KKR, Ares Management, etc. are seeking to acquire the credit portfolio assets of Silicon Valley banks Analysis based on this information:KKR, Ares Management, and Carlyle Group are reportedly reviewing Silicon Valley Bank’s $74 billion loan statements to find assets that may be suitable for their credit portfolio. This move by the private equity firms is a reflection of their growing interests in the technology sector. The review is intended to identify assets that could potentially provide lucrative…