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Private equity firms hold all the aces in co-investing

Rising demand for private equity means co-investments are not seen as an incentive anymore but used to seal bigger deals

Wednesday, 4 September 2019 at 00:01

Private equity firms hold all the aces in co-investing
Photo: Getty Images

Financiers love to say that there is no such thing as a free lunch but, up until recently, private equity firms have allowed limited partners to invest alongside them for little or no fees.

Not for long.