$1 Trillion Stuck in ‘Zombie’ Funds

The Essential

More Than $1 Trillion Is Stuck in ‘Zombie’ Private Equity Funds

Managers “have been reluctant to shed below peak NAV because they've gotten accustomed to the marks that they saw four years ago.”

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North Carolina Expands Barings Mandate With $2.1 Billion for RE Debt Opportunities

The expanded partnership follows in the footsteps of other large allocators teaming up with specialist managers.

Seligman Ventures Makes Ninth Investment Since February

The $500 million venture arm joined SambaNova’s latest financing round and has several more deals in the pipeline.

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Infrastructure Is No Longer Optional: At the Center of Geopolitics, Technology, and Economic Regime Change

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