Private Equity Funds From Boom Era Face Shortfalls on Return Promises
Source Summary
Private equity funds launched between 2019 and 2021 are expected to underperform relative to investor expectations, according to industry executives. The funds raised during the frenzied investment period of that era are likely to struggle to deliver promised returns.
Why it matters
Underperformance by major private equity funds affects investor confidence and capital allocation decisions across the asset class.
