lisäpääomarahastojen

Lisäpääomarahastot, known in English as additional capital funds or co-investment funds, are a type of investment vehicle that facilitates further investment alongside a primary investor. These funds typically operate in conjunction with private equity or venture capital funds. When a general partner of a main fund identifies an attractive investment opportunity, they may offer limited partners (LPs) the chance to co-invest directly into that specific company or asset. A lisäpääomarahasto is then often established to pool capital from LPs who wish to participate in these co-investment opportunities.

The primary purpose of a lisäpääomarahasto is to provide LPs with greater flexibility and potentially enhanced returns by allowing them to increase their exposure to specific, high-conviction deals. This mechanism can also benefit the general partner by providing additional capital without diluting their ownership in the main fund. Co-investments often come with lower management fees and carried interest compared to the main fund, making them attractive to LPs. However, they also require LPs to conduct more direct due diligence on individual investments. These funds are typically structured for sophisticated investors who understand the risks and rewards associated with direct investment alongside established fund managers.