Privcap shines a light on the LPs with the strongest appetite for direct and co-investment

Sophisticated investors want more private equity, but on their own terms. How are GPs managing the transition?

Tom Haubenstricker of GoldPoint Partners discusses the firm’s evolution from in-house investor for New York Life to a standalone co-investment powerhouse.

The effectiveness of separate accounts has been in question as LPs have taken up the practice, with some value when structured appropriately.

Empirical research into the role of co-investing in an institutional portfolio is scarce. Here are summaries of three important projects to date.

As more LPs jump on the co-investing bandwagon, the question arises: how do you quantify the benefit of direct investments for an LP’s private equity portfolio?

Not all firms abide by a co-investment allocation policy. And those that do have distinct ways of determining allocations. We look at how various models work, which ones offer the best terms for LPs, and policy gray areas.

A successful exit of a Colombian healthcare company; why doing deals with families can be challenging.

Nitin Gupta of Caspian Private Equity discusses the appetite for co-investments and the components and practices that go into running this type of dedicated fund.

JLL Partners’ Paul Levy on how his firm bought the struggling pharmaceutical manufacturing groups Patheon and turned it around. JLL then executed a $2.65b merger with Royal DSM to form DPx.

Baird Capital’s Mike Liang describes his firm’s investment in Insightra Medical.

Philipp Freise of KKR shares details about the highly successful investment in music-rights management business BMG.

An executive summary of the Privcap series Carve-Outs: The Art & Science of Dealmaking.

An executive summary of the Privcap series Taxes and Liabilities in Private Equity.

Experts discuss the challenges of integrating a company into a portfolio and how leaders from the portfolio and parent companies communicate with each other.

Two industry lending veterans, Ben Marzouk of Monroe Capital and Joe Burkhart of Saratoga Investment, predict what’s to come for debt markets in 2014.

Transportation-focused private equity firm Greenbriar and its investment in logistics company GENCO.

New research explores the issues of value creation and exits in African PE.