Carneo Private Equity Solution
Invests in niche primary buyout funds as well as opportunistic secondary transactions.
About the Fund
A portfolio investing in access constrained top-tier small and medium sized buyout funds. Proven track record since 2006 with an ambition to continue outperforming public indices with at least 300 bps.
The fund is well diversified:
- Across geographies. Its primary geographic focus being U.S. and Europe with a secondary focus in emerging markets (China and India predominantly).
- Across sectors. Healthy balance of sector diversification with a tilt towards health and tech.
- Across vintages. 14 years of vintage diversification reduce volatility and give the portfolio a predictable cash flow profile.
The mature structure allows investors that are seeking to increase their exposure to private equity / buyout assets to be fully invested in mature private assets from the outset, effectively skipping the 8-10 year buildout period typically experienced by investors or fund managers constructing a new portfolio
Number of fund managers22
Geographies69% North America, 15% Emerging markets, 15% Europe
Example of underlying assetsGoodRX, ByteDance, Unity