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Some Private Equity Firms Doomed To Fail as High-Flying Industry Loses Its Way
Private equity firms are facing systemic challenges after a half-century of meteoric growth as attractive takeover targets become scarce and financing costs remain elevated while exits prove increasingly difficult. US buyout funds currently hold more than 12,000 companies that would take approximate...
Private equity firms are facing systemic challenges after a half-century of meteoric growth as attractive takeover targets become scarce and financing costs remain elevated while exits prove increasingly difficult. More than 18,000 private capital funds seek $3.3 trillion from increasingly reluctant investors, Bain estimates. Apollo President Jim Zelter described the situation as a "natural washout" at an investor conference this month.
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