alt Hacker NewsAs I understand it, there's also a 'write-down wall' looming over many companies and assets in private equity portfolios.
Those holdings are carried in the books at valuations that arguably could be justified in the past but are no longer realistic.
Private equity firms are basically sitting on them, unable to sell them or list them at current valuations.
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Why not accept the write downs and say you're pivoting to AI? The can can't be kicked down the road forever...
Indeed.
The End of Private Equity’s Leveraged Buyout Era Is Nigh - https://www.bloomberg.com/opinion/articles/2026-09-30/the-en... | https://archive.today/B1EfY - September 30th, 2026
Blackstone’s Private Equity Chief Joe Baratta Leaving Firm - https://www.bloomberg.com/news/articles/2026-09-25/blackston... | https://archive.today/ZH2so - September 25th, 2026
https://news.ycombinator.com/item?id=47049024 (citations)
PE has a glut of 32,000 companies ($4T in equity) they can't sell and the average hold time is extended past 8 years.
https://www.notveryprivateequity.com/eight-year-hold/ https://www.pennmutualam.com/market-insights/blogs/chart-of-...