Co-investment, coordinated end to end
LP co-invest indication, deal-level allocation, position tracking and transparent reporting for GPs and co-investors alike.
Co-investment is one of the most relationship-sensitive workflows in private capital. LPs expect timely opportunity surfacing, fair allocation and clear reporting. GPs need to balance allocation rules, AUM concentration and process speed. Most firms run this on email threads and spreadsheets that obscure exactly who indicated interest, when and at what size. Reuben AI provides the operating layer: indication tracking, structured allocation, co-investor portal and deal-level reporting in one place.
Why this vehicle needs purpose-built infrastructure
Co-invest is a relationship product. How LPs are surfaced opportunities, how allocation is decided and how outcomes are reported all shape the long-term LP relationship as much as fund performance.
Allocation needs to be defensible. When demand exceeds available co-invest, the GP needs an auditable record of who was offered what and on what basis. Spreadsheets and email do not produce that record reliably.
Co-investors expect transparency. Position-level reporting, distribution timing and exit visibility have become table stakes for sophisticated LPs co-investing alongside the fund.
Concentration management matters. Across a co-invest programme, the GP needs to monitor LP-level concentration, sector exposure and structural risk on a consolidated basis.
How Reuben AI handles it
Structured indication tracking
Co-invest opportunities surfaced through the platform with timestamped indications of interest, requested size and any conditions. Full record of who saw what when.
Rule-based allocation
Encode allocation policies once and apply them consistently. Pro-rata, tier-based, first-come or hybrid allocation rules executed against indications with full provenance.
Co-investor portal
Each co-investor gets portal access to their position, capital account and distribution history per deal, with deal-level transparency where the side letter permits.
Deal-level reporting
Performance reporting at the individual deal level for co-investors, alongside fund-level reporting for the GP. Same data, different views.
Concentration analytics
Cross-deal concentration analytics by LP, sector, geography and structure across the entire co-invest programme.
Related solutions
Common questions
Can co-investors see other co-investors?
By default no. Co-investor visibility is controlled at the deal level and respects side letter terms and confidentiality preferences.
How are allocation rules enforced?
Allocation policies are encoded once and executed automatically against indications. Manual overrides are supported but always logged with reason and approver for audit.
Does it integrate with the main fund?
Yes. Co-invest deals share the same underlying deal record as the main fund position, so diligence, IC and portfolio data flow through to co-investors automatically.
See Co-Investment in Reuben AI
Walk through this vehicle structure on a live demo with your own deal mix.