Co-Investment Funds
Investing side by side.
Co-investment funds give institutional investors direct access to assets managed by selected and experienced fund managers.
Thorsten Birke
Managing Director · Head of Institutional Clients – International
Co-investment expertise across three asset classes.
Our experts have many years of experience with direct investments and at assessing the risk/return potential at portfolio company level. They have a profound understanding of the complexity of M&A processes.
Clear advantages for our investors.
Access to a customised portfolio of selected co-investments in Europe and North America
Broad diversification across fund managers, geographic areas and sectors
Selection of companies enables targeted influence on sustainable business practices and behaviour
Attractive costs without double fees, as co-investments are usually made on a No-Fee-/No-Carry-Basis
Reduced risk due to double due diligence (fund manager and Golding)
Thorough due diligence is essential for selecting the right investments.
General Partners value relationships with knowledgeable partners and in-depth due diligence - a major advantage for co-investment processes.
Due to our experience and network, we are able to selectively build a portfolio from an extensive deal flow that is more diversified than the portfolios of most target funds. We have been proven to be a reliable partner for the relevant fund managers in the market, providing rapid feedback on opportunities and, in the event of a positive decision, successfully completing the transaction in the shortest possible time.
Our established investment process with key criteria ensures a stable track record across market cycles. ESG analyses are an integral part of our investment process.
Investments in Co-Investment Funds also involve risks.
- There can be no guarantee that a specific return or earnings target will be achieved. Past returns and forecasts are no guarantee of future success.
- Minority shareholders who are not involved in the management of a co-investment fund have no or only limited influence over the fund manager.
- At co-investment fund level, the use of not insignificant debt financing (leverage) is often permitted and common. Although the use of leverage can improve performance, it also increases the potential for loss.
- The market values of co-investment funds may be subject to considerable fluctuations due to macroeconomic factors and/or other changing market conditions, in particular market interest rates.
- Co-investment funds are usually unregulated investment vehicles that offer only limited investor protection.
- The investor bears the risk of the tax and regulatory structure of the co-investment funds and the investments.
- If risks should materialise, investors in co-investment funds may suffer losses in value up to the amount of the total loss of the invested capital.
- Detailed risk information can be found in the issue document of the respective investment program.
Details risk information can be found in the issue document of the respective investment programs.
