Bloomberg reported private equity underwriter (PEU) deals and exits are down through Q2 2025. Limited partners (those with the big money) are tired of hearing ever changing reasons why their PEU has not returned capital. The problem is with affiliate valuations and a lack of buyers for those companies.
The article suggests a number of firms may fail. They offer a Sixth Sense analogy that some firms are dead but do not know it. Experts did not offer which PEUs they believe are ghosts or walking corpses.
If the U.S. Treasury can bail out Argentina, I'm sure the PEU boys can use their political heft to steer federal funds their way.
Treat PEU offerings the same as cryptocurrency for your 401(k). Invest only what you can afford to lose.
Politicians Red & Blue love PEU and their new TechGod brethren. Increasingly, more are one.