Investors are likely to sell about $140bn in private equity investments – more than 10 per cent of the total – in the next 18 months
with many of them taking losses as the five-year boom in the industry ends.
Pension funds, endowments, banks and insurance companies are poised to sell down their private equity portfolios just as their value is falling.
http://www.ft.com/cms/s/0/8e223e90-bf05-11dd-ae63-0000779fd18c.html