Smaller LPs get worse co-investment deals: study

Harvard Business School, State Street Corp, private equity
Harvard Business School. Photo courtesy jorgeantonio/iStock/Getty Images
Limited partners’ appetite for private equity allocations has led to an increase in non-traditional “outside the box” alternative vehicles. But smaller or poor-performing LPs pursuing discounts or co-investment opportunities may have to settle for lower returns. That is the upshot ...

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