– Pictet Alternative Advisors (“Pictet”) has completed the final close of Monte Rosa Co-Investments VI, raising $1.53bn in committed capital, significantly above its $1.0bn target
– The fund was oversubscribed, reflecting strong investor demand for co-investment opportunities and confidence in Pictet’s sourcing and execution capabilities
– Monte Rosa Co-Investments VI is the sixth vintage in Pictet’s co-investment franchise and the largest to date
– The fund size increased by more than 50% compared with Monte Rosa Co-Investments V, which closed at $900m in 2023
– The strategy focuses mainly on buyouts, with selective exposure to growth and venture investments
– The investment period is expected to span around three years
– The portfolio target is approximately 25–30 co-investments across North America and Europe, with selective exposure to Asia
– Around 40% of committed capital has already been deployed across 14 transactions
– Investors include a diversified global base of insurance companies, pension funds, family offices, and private clients across Europe, Asia, and North America
– The fund attracted both returning and new investors seeking access to co-investment strategies
– Pictet reports a historical performance of 3.1x MOIC across 64 realised co-investments
– Maurizio Arrigo, Global Co-Head of Private Equity at Pictet Alternative Advisors, said the fund’s close reflects rising demand for co-investments and Pictet’s track record, including a 3.1x MOIC across 64 realised co-investments, and highlighted the firm’s ability to access high-quality assets through strong sponsor relationships
– The firm highlights increasing demand for direct exposure to high-quality private equity assets
– Pictet leverages long-standing relationships with leading private equity sponsors to source differentiated deals and deploy capital selectively at scale
– Pictet has been active in private equity since 1989 and began co-investing in 1992
– Over the past 15 years, it has completed more than 210 co-investments, representing $3.2bn of invested capital
Pictet Asset Management Pictet Wealth Management
hashtagprivateequity hashtagPEFORUM
