A decade ago, co-investment was uncommon. Now it takes up one of every three dollars LPs spend on a fund investment. So how much say should LPs have once the deal closes? Gordon Maner, CEO of AMB group of companies and co-founder of healthcare private equity firm Frontline Healthcare Partners, and his LP Kevin Wong, chief investment officer of Lang Partners, tackle that question from both sides of the table with McGuireWoods partner and host Geoff Cockrell.
Gordon reveals when sector-savvy LPs can earn a bigger co-invest allocation, and Kevin explains what a GP must prove before he’ll double down with a co-investment. Tune in to hear why Gordon never backs a deal that requires co-invest to make it work.