More Foundations and Endowments Weigh Private Equity Co-Investments
ByFoundations and endowments are considering making private investment deals on the side rather than committing additional money to funds run by big private equity firms, according to a new survey by NEPC L.L.C., a Boston consulting firm that advises institutions on their investments.
The survey found that foundations and endowments believe these so-called co-investments will improve returns and give them better access to top fund managers.
In a co-investment, the investor puts up money alongside a private equity firm where the investor also invests in one or more funds. Co-investments in a sector of interest or specialty are typically offered by private equity firms to their better customers…
More Foundations and Endowments Weigh Private Equity Co-Investments
