Secondaries & Co-Investments
Flexibility and control in private portfolio construction
Secondaries and co-investments can help enhance returns and put your money to work faster when building a private markets portfolio. But both strategies require significant resources and expertise to evaluate your opportunities.
Why Cambridge Associates?
Helping you succeed in specialized areas
Our dedicated secondaries and co-investment teams have the first-hand experience in executing these deals and can help you navigate these investment challenges.
You’ll reap the benefits of a carefully executed strategy, built on expertise, combined with our manager network and market knowledge.
Our Approach To Secondaries
Secondaries complement primary funds
Secondaries can complement primary fund commitments in a private investment portfolio by mitigating the J-curve. When executed correctly, secondaries may offer higher returns, lower fees, and more flexibility in portfolio construction.
But deal flow can be unpredictable. That’s why our long-standing private markets experience and resulting networks have allowed us to build the specialized industry relationships that help us have insight into the available market for these quick-turnaround investments.
Video Series
Co-investing
Co-investments allow investors to make opportunistic investments that can enhance and complement their total portfolio. They can benefit an investor in three ways: by amplifying return potential, reducing cost of access, and adding exposure to specific investment areas.
In this video series, we explore the opportunity set, the role of co-investments in a portfolio, guidelines for implementation, and what we believe are keys to success.
Secondaries and co-investments can amplify our ability to execute on a robust private program by putting money to work more quickly, reducing the effect of the J-curve as you build a new program, and giving us more flexibility and control in portfolio construction. With specialized expertise, these strategies can help to add real benefit—and return—to your portfolio.
Alex Shivananda
Head of Secondaries & Co-Investments
Insights
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