In our film, Corentin du Roy, Managing Director at HarbourVest Partners, explains how co-investments work within a private equity portfolio and why they play an important role within HVPE’s overall strategy.

He outlines how co-investments allow HVPE to invest directly into individual companies alongside leading private equity managers, rather than gaining exposure only through pooled funds. This approach provides more targeted exposure and is typically pursued alongside managers with whom HarbourVest has long standing relationships.

A key theme of the film is cost efficiency. Co-investments often come with lower fee and carry structures than traditional private equity funds, which can enhance net returns for shareholders over time and sit alongside HVPE’s broader portfolio of fund investments.

The film also highlights the role co-investments play in diversification. By investing across a range of companies, sectors and geographies, HVPE can balance risk while maintaining exposure to high conviction opportunities identified by experienced private equity sponsors.

Finally, the film explains how HarbourVest’s global platform supports the sourcing and execution of co-investments. Drawing on decades of experience and relationships across the private equity industry, HarbourVest is able to access a wide pipeline of opportunities and deploy capital selectively, supporting HVPE’s long term objective of delivering attractive private equity returns.