At a glance
- The program will co-invest alongside specialist private equity managers in lower and mid-market European businesses across healthcare, technology, business services, consumer and industrials.
- For allocators weighing co-investment programs against fund commitments, co-investments can provide more targeted exposure to individual companies and may carry a different fee structure, but they require access to transactions.
- Jasper Riis, P+'s chief investment officer, said Europe "is home to many attractive growth companies with strong market positions and significant value creation potential."
Danish pension fund P+ awarded Schroders Capital a €200 million (DKK 1.5 billion) private equity co-investment mandate to increase its exposure to European companies, HedgeNordic reported on Oct. 8.
The program will co-invest alongside specialist private equity managers in lower and mid-market European businesses across healthcare, technology, business services, consumer and industrials. It runs through Schroders Capital's European private equity co-investment strategy, which invests directly alongside established general partners.
For allocators weighing co-investment programs against fund commitments, co-investments can provide more targeted exposure to individual companies and may carry a different fee structure, but they require access to transactions.
Jasper Riis, P+'s chief investment officer, said Europe "is home to many attractive growth companies with strong market positions and significant value creation potential." He said the mandate reaches a part of the market the fund finds hard to access directly and supports investments that can strengthen European competitiveness and resilience.
Reported by the Private Equity desk from HedgeNordic. Published . Corrections