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Bailey McCann, Opalesque New York: More investors are looking to co-investments as a means of diversifying their investments and cutting overhead. Yet, those investors will need to maintain sophisticated and experienced internal teams to navigate deals in order to retain control, according to the delegates at the recent Opalesque West Coast Roundtable.
"We are seeing a lot of co-investment opportunities. Some of those can offer attractive advantages in terms of fee structures and the returns they can produce. However, sometimes you may also be limited on the type of control you have," says Corey McLaughlin, Member, Arthur Bell CPAs.
Co-investments have become the domain of larger pensions and endowments, on the hunt for yield. But now more family offices are getting into the mix.
"We are definitely seeing greater interest in
partnership opportunities from the family office space. Once they have built trust with a manager, they want to
leverage their due diligence they have already done, and they recognize their own strategic advantages. Family offices
often can entertain a longer-term view while at the same time they can be more opportunistic and flexible with their
capital," explains Nadine Terman, CEO, and Co-Founder, Solstein Capital.
"In our case at Solstein, we leverage an activist tool set outside of the US, which can lead to investment opportunities in
both liquid and illiquid securities that are of interest to these family offices. While the major...................... To view our full article Click here
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