Equity Co-Investments

We target non-controlling equity investments in established businesses sponsored by private equity funds and led by aligned and experienced management teams. We invest alongside private equity sponsors to provide additional equity capital to consummate transactions too large for a sponsor's fund or to facilitate growth.

Utilizing extensive industry experience, we focus our diligence on the most critical issues.  We complement this transaction analysis with our financial sponsor and management underwriting to evaluate whether the deal is a good fit for the owner’s and management’s track record of value creation.  Because we also serve as a General Partner for our own private debt funds, we understand that it is critical to make decisions quickly and not surprise or delay our private equity partners. 

We invest in equity co-investments on behalf of our third-party funds and John Hancock’s General Account.

We welcome dialogue about equity co-investment opportunities from sponsors (whether managing committed funds or not), financial advisors and intermediaries.

Investment Criteria

We seek to support companies with the following characteristics:

  • Headquartered in North America or Europe
  • Involvement of operationally oriented sponsor
  • Proven management teams
  • Meaningful competitive position in target markets
  • Favorable free cash flow generation with the capacity for additional cash flow growth
  • Operating and financial flexibility to manage through economic cycles
  • Demonstrated ability to grow

Industry Focus

Our investment team has deep knowledge across a variety of industries. Past investments have been made across the following industries:

  • Aerospace & Defense
  • Automotive
  • Business Services
  • Chemicals
  • Consumer
  • Distribution
  • Financial & Insurance Services
  • Food & Commodities
  • Government Services
  • Healthcare
  • Manufacturing
  • Plastics & Packaging
  • Software
  • Telecommunications
  • Transportation & Logistics