Economy
Active private markets firms peak as zombie fund count rises
Livemint2h
THE BRIEF
1
The number of active private markets firms peaked 18 months ago and has begun to decline as more firms fail to raise subsequent funds, according to Arctos Partners CEO Ian Charles.
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Charles stated at the Bloomberg Invest conference that 57% of the roughly $3 trillion raised globally for buyout funds between 2018 and 2023 remains in a danger zone.
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Arctos recently finalized a deal to acquire a 10% stake in the NFL's Atlanta Falcons, marking its fourth team portfolio investment.