THE SOLUTION FOR PRIVATE EQUITY CO-INVESTING

THE SOLUTION FOR PRIVATE EQUITY CO-INVESTING

FLC partners with large institutional investors to build customized programs to co-invest directly in sponsored private equity transactions.

FLC is different as a partner for your co-investment program. We do not manage commingled capital for a large number of investors placed in funds with rigid strategies. We customize a separate co-investment program for each institution that meets their needs. We are not distant from our clients. We are partners to them and serve as an extension of their organization.

Partnership

Partnership

FLC is not just another investment manager for our clients. We partner with a small group of large institutional investors to provide market insights, collaborate on deal sourcing and transactions, and execute their co-investment programs successfully.

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Experience

Experience

FLC has one of the most experienced private equity co-investment teams in the world. Over 20 years, we have completed more than 100 co-investments with private equity sponsors around the globe.

Process

Process

FLC sources private equity transactions from over 200 financial sponsors around the globe. We employ a proven process to evaluate each investment opportunity and to select the most compelling transactions for our investors’ portfolios.

Lack of Conflicts

Lack of Conflicts

FLC has no conflicts of interest in serving its clients. FLC’s product focus and 100% employee ownership allow us to provide single-minded attention to our clients’ best interests.

Customized Programs

Customized Programs

FLC focuses exclusively on developing separate customized co-investment programs for its clients. We work with your institution to design a program that is optimized to your desired sectors, investment strategies, geographies, and target sponsors.

Results

Results

FLC has a proven track record of delivering co-investment results for its investors. Over 20 years, we have invested more than $3 billion and generated a gross internal rate of return of 20% on realized and unrealized investments.

WASHINGTON STATE INVESTMENT BOARD

Gary Bruebaker

The Washington State Investment Board (WSIB) is one of the largest private equity investors in the world, with over 20% of its $98 billion in assets under management invested in the asset class. In 2005 WSIB ran a process to select a firm that would serve as its exclusive co-investment partner. Out of a comprehensive pool of applicants, WSIB selected FLC as their partner.

WSIB and FLC developed a customized co-investment program that met the specific portfolio needs of WSIB. Since that time, FLC has invested close to $1 billion in capital for WSIB in co-investments that are diversified by financial sponsor, industry sector, geography, and vintage year. FLC collaborates in real time and at frequently scheduled intervals on co-investment strategies, tactics, and execution. The overall returns of the co-investment program have been accretive to WSIB’s private equity portfolio and WSIB is viewed as a co-investor of choice by its sponsors.