A private equity co-investment is a direct investment into an operating company by an individual investor alongside a lead investor who often sources, structures, and performs the bulk of due diligence. Our lead investors are typically independent sponsors or funds with additional space in a particular transaction.
Nextvest is not crowdfunding. We operate under Regulation D of the Securities Act of 1933. Per SEC guidance, investors in our transactions must be ‘accredited’ at a minimum. We typically require our members to meet the SEC definition of ‘qualified client’ and additionally have a measure of experience with investing in private market transactions.
A private equity fund takes capital commitments from investors upfront, and then the fund decides over many years where to deploy investors’ capital. Funds often have a mandate requiring investments to be within a specific size, sector, geography, and terms.
Nextvest is a platform for deal-by-deal private equity that preserves individual discretion and offers a diverse range of opportunities. By allowing investors to opt-in to deals and avoid committed capital entirely, we keep more control and upside in the hands of our investors.
There is no monthly membership fee on Nextvest. However, we value engagement and professionalism and membership may be revoked at any time.
The nature of direct investments and co-investments is that their timing can be very unpredictable. We aim to allow at least 30-45 days for our groups to contemplate a deal, but nothing is guaranteed — sometimes one party can decide to fill an entire transaction overnight.
Fees vary on every deal. The fee structure is set by the Sponsor and will vary by project. It is not uncommon for the fee structure to be negotiable between Sponsors and Investors. Nextvest does not layer on fees, but instead earns a portion of the Sponsor’s economics.
We ensure the fee structure is always clearly communicated in project documents, and if you have any questions about a particular project or Sponsor don’t hesitate to contact us.