Week InReview: January 6, 2023

A glimpse into the notoriously opaque private markets.

Photographer: Bloomberg Creative Photos/Bloomberg

(Jan 5) — The pain – and the questions – kept coming as big name hedge funds took turns marking down the value of their stakes in private companies. Every time they wrote down holdings by millions – or even billions – of dollars, investors last year questioned whether they had gone far enough. Now, an exclusive Bloomberg News analysis offers a glimpse into one of the most opaque corners of the investing world, and the findings aren't reassuring.

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