Co-investments rose to an all-time high 28 percent of all capital committed to private equity in 2019, up from just 10 percent a decade earlier. Direct and co-investments have become an important tool for institutional investors to create higher returns, but it is not without added risk. With the current pandemic and the uncertainty that follows it is possible that we will see a change in the market.
On this webinar, we will hear from industry leaders on how they are approaching direct and co-investments. We will be discussing the current co-investing landscape, managing the LP/GP relationship and recent experiences for our panellists. Join the discussion together with Joaquin Alexandre Ruiz Tarre from the European Investment Fund, Michael Lints from Golden Gate Ventures and Nico Taverna from Mill Reef Capital.
Joaquin Alexandre Ruiz Tarre
Head of Co-Investments, Secondaries and Special Situations @ European Investment Fund
Joaquín began his career in wealth management at Levy Gee (01-03), then worked for PwC advising PE funds (03-06). In 2008 he joined the EIF, where he has invested over EUR 1.4bn. Currently, he is heading EIF secondary activities. At EIF, Joaquin has also managed and invested several fund-of-funds to develop the Spanish and Portuguese private equity markets, and the Mezzanine Co-investment Fund, a EUR 100m direct co-investment program.
Partner @ Golden Gate Ventures
Michael is a partner at Golden Gate Ventures since 2013 and is currently leading the Growth venture fund.
He has fundraised US$60m across two venture funds from institutional LPs, family offices, banks, and insurance companies across Europe and SEA. He also manages post fundraising investor relations and provides board support for portfolio companies. He has led 10 Series A & B rounds for GGV portfolio companies. Michael can be seen actively speaking in tech conferences to promote SEA as an asset class for investors.
Partner @ Mill Reef Capital
Prior to starting Mill Reef Capital, Nico built a dedicated global private equity secondary platform within Schroder Adveq and lead the firm’s secondary investment platform. During his tenure at Schroder Adveq, he has overseen all aspects of secondary transactions. Nico holds an M.A. degree and a PhD from the University of St. Gallen, Switzerland.
CEO @ PE Insights
Prior to joining PE Insights, Jason’s career began in a venture backed
startup which later exited for $8 billion, and eventually moved into
management consulting where he worked along the largest PE funds in
Brazil and the United States.