Economic, market, and healthcare circumstances have been extraordinary over the last six months. However, attractive opportunities exist in some pockets of tech, relatively cheap public equities, and even in credit less supported by central bank activity. Additionally, the importance of investing in social equity has been brought into sharp relief by this crisis.
With returns shrinking in the market, there are several reasons to pursue a co-investment program. We have the experience, market knowledge, and manager network to help clients implement a process that is customized to their unique investment needs.
Co-investing may offer significant benefits including enhanced returns, reduced fees, J-curve mitigation, and increased risk management. But implementing a sound co-investment program comes with significant challenges. We have a specialized team with deep co-investment and direct investment experience to help clients navigate these challenges and reap the benefits of a carefully executed co-investment strategy.
Co-investments are one of only a handful of control levers within an LP’s toolbox, and we encourage all private market investors, regardless of size, to consciously consider implementing a co-investment program.
Our Latest Insights
Do investors stand to gain more from a Trump victory or a Biden win in November’s US general election? Presidents often have a mix of market-friendly and market-unfriendly policies. Mitigating factors, such as a divided government, can offset market concerns or enthusiasm relating to one specific candidate’s policies. Investors should not tweak portfolios based on election prognostication.
In the first episode of our Reshaping Industry audio series, we tackle the evolving landscape of racial equity investing, particularly in the wake of George Floyd’s death, and talk key steps that institutional investors can take to achieve racial equity goals within their portfolios.
Nonprofit institutions have not been spared from the impact of COVID-19. In June 2020, when many endowed institutions were completing fiscal year 2020 and on the brink of a new fiscal year, we issued a survey that focused on endowment spending and other sources of liquidity for these institutions.
In this video series, several of our practitioners share their current views on both global and region-specific private equity and venture capital markets, recent performance trends, and insights from their latest experiences.
Listen in as Cambridge Associates thought leaders from our Real Assets Investment Group participate in a video panel to discuss the current state of real assets markets and how we are positioning portfolios for the long-term. Join us for an insider’s view of our investment process across real estate, infrastructure and natural resources.
Yes, investors who have made tactical bets in gold should consider scaling back their positions and locking in some gains.