Private Equity’s Deal Drought Is Creating Zombies: Going Private (Correct)

July 23, 2025, 11:00 AM UTC

Welcome to Going Private, Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at the mid-market buyout firms struggling to raise money and a US Justice Department investigation into CLOs. Plus, news about alternatives from Latin America.

If you’re not already on our list, sign up here. Have feedback? Email us at goingprivate@bloomberg.net — Silas Brown

Squeezed Middle

Private equity firms are stuck in a vicious cycle — they aren’t finding the price they want for the businesses they own, so their clients aren’t getting money back to invest in the ...

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