Dossier
zombie company
Coverage of zombie company in the Nexus archive.
- Private equity’s $860 billion zombie company problem
Private equity faces a 'zombie company problem,' with PitchBook estimating about $860 billion in zombified net asset value across U.S. PE funds that are over seven years old. This issue is driven by the accumulation of companies, including over 4,500 firms held for five or more years, which theoretically should have been exited. The problem emerged during the zero-interest-rate-policy (ZIRP) era when cheap debt fueled a buyout boom.
- Is China sleepwalking down Japan’s zombie economy path?
The article compares China's potential economic trajectory to Japan's post-1990 asset bubble burst, citing Daiei, a once-top Japanese retailer that became a 'zombie company' sustained by below-market loans from UFJ Bank and other Japanese banks.