Co-investments

Inside: Why too much co-investment capital is proving a real concern for LPs; Co-investing complications in Hong Kong; Expert comment from industry leaders; Plus much more…

The SAR government has proposed broadening the number of qualifying asset classes exempt from tax and creating more flexibility in its carried interest tax concession.

Despite rampant LP appetite for co-investments, commingled funds in this space face natural barriers to their growth, including a more limited investor base and the need for extensive GP networks.

Some investors are scrutinising LP bases to ascertain whether managers will face increased pressure to deploy an excessive amount of capital beyond their original fund size.

Monte Rosa Co-Investments VI is expected to hold a final close during 2025, PEI understands.

The multifamily office is looking to increase its blind-pool fund exposure this year, private equity head Jo Huang tells PEI.

Connecticut Retirement Plans and Trust Funds sets a target of $2.85bn to private equity through 2025, including $300m set aside for a co-investment.

Australia's largest pension fund aims to grow its exposure from 5% to 8%, PE head Terry Charalambous tells PEI in this NEXUS 2025 preview interview.