Co-investing is one of the most talked-about—and complex—topics in private investments today. As more investors seek to enhance returns and deepen relationships with managers, the co-investment landscape has evolved from a niche strategy to a core component of sophisticated portfolios. Yet, with opportunity comes complexity.

Whether you’re new to co-investing or looking to sharpen your approach, this episode of Cambridge Conversations offers practical insights and strategies for success. Host Willis Wilson is joined by Scott Farden, Managing Director and Chief Operating Officer at Nonantum Capital Partners, and Rob Long, Senior Investment Director of Co-Investment Research at Cambridge Associates.

Together, they break down what it takes to succeed in the fast-paced world of co-investing, how to determine if it’s right for your portfolio, and tips for getting started—all backed by decades of partnership and real-world experience.

The podcast episode will cover:

The evolution of the co-investment strategy
3 biggest factors influencing success or failure
Returns should be driven by more than just fee savings
Keys to building a successful co-investment program
Lessons learned to avoid making the same mistakes

Cambridge Conversations is developed in partnership with PRX, an award-winning podcast media company.

Investment Leaders Exchange is intended for private families and institutional investors, and we invite CIOs, investment committee members, family principals, senior investment staff, and trustees to join us. Please note: Attendance is limited to clients and prospective clients of Cambridge Associates. There is no cost to attend, aside from travel expenses.

Cambridge Associates will also be hosting similar, shorter-format events in Singapore, Milan, and London in 2026, offering discussions on the key topics explored in Chicago. To learn more, email events@cambridgeassociates.com.

Cambridge Associates is a global investment firm that works with endowments, foundations, healthcare systems, pension plans, and private clients to implement and manage custom investment portfolios that aim to generate outperformance and maximize their impact on the world. Cambridge Associates delivers a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, staff extension, and asset class mandates.