Performance Equity Management Closes $383M Co-Investment Fund
Performance Equity Management, a private equity investment firm based in Greenwich, CT, has recently announced the successful final close of its fifth co-investment fund, Performance Direct Investments V (PDI V), reaching a total of $383 million in capital.
The investors in this fund include a diverse range of institutions such as public and corporate pension plans, university endowments, private foundations, insurance companies, family offices, and individual investors.
PDI V aims to offer investors the opportunity to participate in a varied portfolio of direct co-investments, focusing primarily on small and middle-market buyouts and growth equity opportunities. This fund continues PEM’s strategy of collaborating with private market managers, leveraging their expertise in selecting investments and executing transactions effectively to build a resilient portfolio across various sectors like IT, financial services, consumer and business services, and industrials.
Most of the investments from PDI V will be directed towards companies based in North America and Europe.
Performance Equity Management specializes in private equity solutions for institutional clients through commingled funds and separately managed account (SMA) programs. Their separate account offerings provide global institutional clients with access to a wide range of private equity sub-asset classes worldwide, including buyouts, venture capital, and different debt structures, through partnerships and direct investments.
Published by FinSMEs on 09/05/2025
