Private Equity’s Deal Drought Is Creating Zombies
Smaller buyout funds are particularly vulnerable to the industry’s latest challenge
Guests enter the Zombies Are Back haunted house in the Queens borough of New York.
Photographer: Mark Abramson/BloombergThis article is for subscribers only.
Welcome to Going Private, Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at the mid-market buyout firms struggling to raise money and a US Justice Department investigation into CLOs. Plus, news about alternatives from Latin America.
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