Buyout and Debt Funds Struggle to Spend $632 Billion Stockpile

Private markets firms have been slow to spend hoards of capital raised earlier this decade, sparking tough talks with investors about whether they should get more time to find investments.

By Neil Callanan, Leonard Kehnscherper · Bloomberg Markets

Private markets firms have been slow to spend hoards of capital raised earlier this decade, sparking tough talks with investors about whether they should get more time to find investments.