Family Offices Voice Concerns on Zombie Funds
On April 1, 2026, Stonehage Fleming and GreenBear Group, as family offices, outlined their desire to see aging funds wound up quickly, according to Buyouts Insider. These offices specifically aim to prevent problems such as questions around valuations in the context of rising zombie funds.
The Push for Rapid Wind-Up
Stonehage Fleming and GreenBear Group want aging funds to be wound up as soon as possible to address issues like valuation disputes, as detailed in the article from Buyouts Insider. This concern stems from the broader challenges posed by zombie funds, which are funds that remain active beyond their typical lifecycle.
Reasons Behind the Concerns
The family offices, Stonehage Fleming and GreenBear Group, highlight the need to avoid complications from prolonged fund lifespans, including ongoing questions about asset valuations. As widely known in private equity, zombie funds can tie up capital and create operational hurdles, though specific actions by these offices focus on expediting closures as reported by Buyouts Insider.
Implications in the Market
Stonehage Fleming and GreenBear Group’s stance reflects a response to the rise of zombie funds, tagged with themes like buyouts, deals and exits, and secondaries in the original coverage. According to Buyouts Insider, this push underscores their proactive approach to fund management challenges.
