NYTIMES (Maureen Farrell) - Private Equity Is Stuck With 33,575 Unsold Businesses
Even amid a booming deal-making environment, private equity firms are unable to exit a growing number of investments at values their investors require.
Even amid a booming deal-making environment, private equity firms are unable to exit a growing number of investments at values their investors require.
On Thursday, Blue Owl reported another quarter of double-digit investor withdrawal requests from some of its private credit funds.
The attempts to cash out indicate wealthy individuals are continuing a recent retreat after many years of piling into private credit funds.
PULSE POINTSWHAT HAPPENED: Texas Attorney General Ken Paxton (R) announced that the Vanguard Group has agreed to a “first-of-its-kind settlement”—effectively ending its defense in a multi-state antitrust lawsuit targeting the company along with BlackRock and State Street, alleging coordinated environmental, social, and governance (ESG)-driven market manipulation.WHO WAS INVOLVED: Ken Paxton, Vanguard Group, BlackRock, State Street, corporate shareholders, […] The post Ken Paxton Secures ‘First-of-Its-Kind’ Antitrust Settlement Against Vanguard for ESG Practices. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: Texas Attorney General Ken Paxton (R) announced that the Vanguard Group has agreed to a “first-of-its-kind settlement”—effectively ending its defense in a multi-state antitrust lawsuit targeting the company along with BlackRock and State Street, alleging coordinated environmental, social, and governance (ESG)-driven market manipulation. WHO WAS INVOLVED: Ken Paxton, Vanguard Group, BlackRock, State Street, corporate shareholders, asset management clients, and the U.S. Department of Justice (DOJ) Antitrust Division. WHEN & WHERE: The settlement was announced on February 26, 2026. KEY QUOTE: “While Vanguard has taken appropriate action to resolve this case, BlackRock and State Street have continued to…Open