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Today — 23 December 2025Main stream

Private Equity, Saddled With Investments It Can’t Sell, Loses Its Luster

23 December 2025 at 18:00
As funds deliver mediocre returns and sheds investors, the industry is struggling to unload 31,000 investments, an increase over this time last year.

© Alex Wong/Getty Images

Harvey Schwartz, chief executive of Carlyle, one of the world’s largest private equity firms, had predicted a banner year for the industry.
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