Archives for October 21, 2026

A co-investment puts money into one company directly, next to a GP’s fund. If you are also an LP in that fund, or in another fund that owns the same company, your real exposure is the sum of all those positions, and no single statement shows it. This guide explains where co-investment exposure hides, how…

Look-through analysis means looking past your fund interests to what the funds own: the companies, industries, countries, and securities underneath each NAV. For a limited partner with a dozen or more private funds, it is how you see your total exposure to a sector, a region, or a single company. This guide covers what look-through…

A schedule of investments (SOI) is the part of a fund’s financial statements that lists what the fund owns. Each line typically shows an investment’s name, type, industry, country, shares or principal amount, cost, and fair value, usually with its percentage of the fund’s net assets. For a limited partner, it is the standard record…