Those holdings are carried in the books at valuations that arguably could be justified in the past but are no longer realistic.
Private equity firms are basically sitting on them, unable to sell them or list them at current valuations.
Those holdings are carried in the books at valuations that arguably could be justified in the past but are no longer realistic.
Private equity firms are basically sitting on them, unable to sell them or list them at current valuations.
https://www.notveryprivateequity.com/eight-year-hold/ https://www.pennmutualam.com/market-insights/blogs/chart-of-...
The End of Private Equity’s Leveraged Buyout Era Is Nigh - https://www.bloomberg.com/opinion/articles/2026-09-30/the-en... | https://archive.today/B1EfY - September 30th, 2026
Blackstone’s Private Equity Chief Joe Baratta Leaving Firm - https://www.bloomberg.com/news/articles/2026-09-25/blackston... | https://archive.today/ZH2so - September 25th, 2026
https://news.ycombinator.com/item?id=47049024 (citations)