Associate at one of the big tech focused PE funds (Vista, Thoma, Silver Lake) — what are peoples thoughts on maxxing out Levered CoInvest (6 figs of my own savings) given the narrative shift in public markets for tech companies?

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As the saying goes buy when others are fearful…

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Timing these funds is hard, but you’re probably entering a vehicle with a lot of dry powder. The bigger question is how long do you plan to stay in relation to the vesting schedule

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I misinterpreted your original post. This is pure co-invest that you can invest using cheap leverage, but it’s not necessarily tied to carry. Is that right? If it is tied to carry, the leverage doesn’t really move the needle all that much.

Fwiw, I like the cheap leverage better regardless. Both real estate and tech has sold off, so you’re theoretically getting a discount to 2021 vintage funds either way. I’m assuming you’re young, so you can afford to take the risk.

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Max co-invest, since no management fees and access to vehicles you otherwise wouldn’t have.

Diversify your other income elsewere

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Second

Yeah max coinvest bc you just need the return to exceed the interest on your loan. I’m assuming they’re giving you pretty favorable terms

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