Why LPs should be cautious about co-investing
The history of investors trying to make co-investments with private equity firms or even go it alone is strewn with casualties.
![Why LPs should be cautious about co-investing](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2Ffailed%20shutterstock_526394857.jpg&c=1&h=677&q=100&v=20251319&w=1204)
Big asset owners in Asia want do more co-investments and direct deals in private equity, but history is replete with cautionary tales of investors who tried to build up internal capabilities to that end.
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