The latest episode of PEI Group's "Commitment Issues" podcast features Joana Rocha Scaff of Neuberger Berman and Alexis Maskell of BC Partners examining co-investment strategies in private equity. The discussion highlights how fund managers and limited partners navigate this increasingly competitive landscape, sharing insights on effective partnership approaches and structural considerations.

Private equity co-investments have grown more complex as market conditions evolve. The conversation explores how these arrangements require careful alignment between general partners and limited partners on terms, risk allocation, and returns. This structure allows LPs to gain direct exposure to specific deals while sharing downside risks with GPs.

Industry experts emphasize that successful co-investments depend on transparent communication, clearly defined expectations, and robust governance structures. The podcast underscores that while these arrangements offer opportunities for enhanced returns, they require diligent oversight and strategic planning to avoid common pitfalls in execution.