Why Private Equity Is Suddenly Awash With Zombie Firms
The private equity industry is experiencing a quiet reckoning as hundreds of midsize firms find themselves trapped between investors who have lost patience and portfolios of companies they cannot sell at acceptable prices.

“There is existential risk for a number [of funds] because of the fundraising environment,” said Sunaina Sinha Haldea, global head of private … ⌘ Read more