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But we saved everything 🙂.
Gregory Daco reports that private-equity assets held in so-called zombie funds have reached an all-time high.
Zombie funds refer to investment vehicles that are no longer actively managed but continue to hold assets. This situation highlights ongoing liquidity challenges within the private-equity sector.
Gregory Daco recently noted that AI-fueled demand is affecting U.S. inflation and could prompt further rate hikes. He also reported that U.S. new home sales dropped 7.4% in May as inventory climbed. Both developments reflect shifting market conditions alongside mounting liquidity issues in private equity.