What Was Hot in Private Equity In 2013: Prequin’s Take

Prequin’s Private Equity Spotlight for December 2013 takes a look at the top private equity topics during 2013. We present a recap of two issues below. Zombie funds These are firms that have little chance of cashing their investments at a profit, and neither can they raise fresh funds. Their main objective is to continue to manage the assets they have and generate fee income thereby. According to an article in the Financial Times, zombie buyout firms hold an estimated $116B worth of assets across the globe. Also see: Private Equity Funds See Highest Fundraising In 5 Years Prequin highlighted…