Bloomberg's Open Interest broadcast from the Bloomberg Invest Conference features top financial executives discussing critical market risks. The two-day event brings together private capital leaders to examine artificial intelligence investments, private credit stability, and geopolitical tensions affecting global markets. Day two focuses on where institutional money is flowing during the AI boom.

Julie Solomon of Ares Management addresses the competitive race for assets in the new economy, while Scott Kapnick of HPS Investment Partners questions whether private credit can survive prolonged high interest rates. Marsh CEO John Doyle explains how insurers calculate war risk premiums as Middle East conflicts intensify. Bruce Richards of Marathon Asset Management delivers a stark warning about leveraged software companies, predicting default rates could reach 15 percent.

State Street's Yie-Hsin Hung discusses institutional positioning strategies amid market volatility. The conference highlights growing concerns about software sector stability potentially mirroring past energy market disruptions. With AI investment surging and geopolitical risks mounting, investors face critical decisions about portfolio allocation. The discussions reveal mounting pressure on private credit markets and increasing scrutiny of software company valuations as default risks rise.