Family offices Stonehage Fleming and GreenBear Group are advocating for the swift wind-up of aging funds, known as zombie funds, to mitigate potential problems, according to a Venture Capital Journal article published on April 1, 2026. These entities specifically want these funds dissolved quickly to avoid issues like disputes over valuations.
Family Offices’ Stance
Stonehage Fleming and GreenBear Group have outlined their preference for expediting the closure of zombie funds, as detailed in the Venture Capital Journal. Zombie funds refer to aging investment vehicles that fail to distribute returns, a context widely recognized in venture capital circles.
Reasons for the Concerns
The main motivation for Stonehage Fleming and GreenBear Group’s position is to prevent complications such as questions around asset valuations, according to Venture Capital Journal. This push highlights ongoing challenges in fund management for emerging managers.
Implications in Fundraising
In the broader fundraising landscape, efforts by family offices like Stonehage Fleming and GreenBear Group to wind up zombie funds could influence how funds are managed, as noted in the same source.
