Bankruptcy rate for private equity- and venture capital-backed companies relatively high

There have been 34 private equity and venture capital U.S. portfolio companies that filed for bankruptcy in the first four months of the year.

That’s nearly the same number of bankruptcy filings for all of 2021 and 2022. Last year, there were 103 bankruptcies, setting a record, according to S&P Global Market Intelligence.

Private equity and venture capital portfolio company bankruptcies have accounted for 16% of total U.S. bankruptcies so far this year and all of 2023. That’s the highest portion going back to at least 2010.

Recommended for You
Stacked blocks that have DEI on the side and Diversity, Equity and Inclusion written on the front.
Anti-DEI push comes, and progress plateaus
Harvard University’s large endowment could buffer federal government cuts
Harvard University’s large endowment could buffer federal government cuts
Most pension plans are overallocated to private equity
Most pension plans are overallocated to private equity