Deploying capital: find managers worth backing

Deploying capital is a manager-selection problem: which funds, vintages and co-investments deserve a commitment. Vestdoor tracks investors and the commitments we can date.

Who this is for

Built for these teams

Investors

Institutions committing to private funds.

Family offices and funds of funds

Direct and indirect co-investment.

Co-investors

Buy-side partners looking for managers to back.

Where the capital sits

The investor types for this job

Open a type to see its investors and their latest commitments.

The workflow

From a universe to a working list

  1. 01

    Set the portfolio role

    Return, diversification, vintage and liquidity. A manager shortlist without a portfolio role is a popularity contest.

  2. 02

    Screen managers

    Screen funds of funds and placement agents for the strategies and vintages you need.

  3. 03

    Check recent closes

    Check the manager's recent closes and the investors that backed them. A repeat investor base is a signal.

  4. 04

    Assess co-investments separately

    Different fees, different diligence and different liquidity from the fund.

  5. 05

    Run diligence

    Operational and reference checks come before the investment committee.

  6. 06

    Record the decision

    Keep the source with the decision. A manager you pass on today may be a fit in the next vintage.

Selected records

Largest fund closes in the sample, from public releases.

Selected records
OrganisationFund or assetAmount
EQTBPEA Private Equity Fund IX$15.6bn
Starwood Capital GroupStarwood Distressed Opportunity Fund XIII$10.2bn
Manulife | Comvest Credit PartnersComvest Credit Partners VII$5.4bn
Leonard Green & PartnersSage Equity Investors (Sage I)$3.6bn
Ara PartnersAra Energy Fund I$1.8bn

Get access to 24,838 investors

Start free

Showing 5 of 20

Common mistakes

What makes an investor list go wrong

  • A recent close does not mean an open allocation. Check whether the manager is still raising before you ask for access.
  • A fund close is not a performance signal. It shows demand.
  • Co-investment is not a cheaper version of the fund. It requires in-house diligence and can concentrate risk.
  • Size the opportunity from the fund's own close announcement.