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Free no more: Buyout firms warm to charging for co-investing

More firms are considering charging those who invest alongside them on deals – which some say is against the spirit of co-investment

Free no more: Buyout firms warm to charging for co-investing

Investors in private equity have been particularly keen to invest alongside buyout firms in recent years, with deals offering strong returns without the fees. But some managers are starting to make investors pay.

A report by placement agent Triago in June found that about one in three private equity firms were either charging or intending to charge for co-investments, compared with fewer than one in four that said the same in 2015.

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