Deal-by-Deal Private Equity Co-Investments

Traditional private equity funds require investors to commit capital before the underlying portfolio is known. Deal-by-deal co-investments offer a different approach, allowing institutional investors to evaluate the specific company, sponsor, transaction structure, management team, risk profile, value-creation thesis, and expected economics before deciding whether to participate. This session examines how that model compares with traditional blind-pool commitments across investment selection, transparency, governance, portfolio construction, alignment, and control.

The discussion will also address the capabilities required to execute deal-by-deal investments successfully, including disciplined underwriting within compressed transaction timelines, Acquisition Assurance, value-creation assessment, program management, and post-close oversight. Participants will gain a practical framework for determining when co-investments may complement existing private equity allocations—and how to connect investment committee assumptions with transaction execution and measurable portfolio-company value creation.