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what can we say in 60 seconds about LP co-investment well its getting more and more common nowadays that LPS in funds will look for Co investment opportunities so lets say Im a GP my fund is a hundred million which means I can only do say 10 million per investment and I stumble across a 30 million euro investment so Ive got 20 million that I cant do its now natural that I might consider inviting my l1 of my LPS to pick up the remaining 20 million so how does that work well its an industry thats quite new in the sense that there isnt a lot of guidelines and what are the main characteristics of the LP co-investment well number one is that the information is asymmetrical the LP will depend very much on the GP to manage the investment and to have access to the information and the second challenge of LP Co investment is that it may create a conflict of interest because one LP will have a direct exposure to the company and may have a board seat and direct access to the companys inf