Co-investment, often seen as a remedy for agency problems, may incentivize managers to cater to own preferences. We … provide evidence that mutual fund managers with considerable co-investment stakes alter risk-taking decisions to prioritize …. Such tax-induced behavior is associated with negative fund performance. We highlight the role of co-investment in …

years. Such tax-induced behavior is associated with negative fund performance. We highlight the role of co-investment in …

Co-investment, often seen as a remedy for agency problems, may incentivize managers to cater to own preferences. We … provide evidence that mutual fund managers with considerable co-investment stakes alter risk-taking decisions to prioritize …. Such tax-induced behavior is associated with negative fund performance. We highlight the role of co-investment in …

inverted U-shaped relationship between leader-backer similarity and the likelihood of co-investment in a syndicate on equity … crowdfunding platforms. In addition, a leader–backer dyad is more likely to form new syndicates if the students have more prior co-investment … similarity between a leader and a backer has an inverted U-shaped relationship with the leader and backer's likelihood of co-investment …

In this paper, we study the impact of co-investment by incumbents and entrants on the roll-out of network …' investment incentives are reduced and total coverage can be lower than in a benchmark with earlier co-investment. We consider two … remedies to correct these distortions: (i) co-investment options purchased ex-ante by entrants from incumbents, and (ii) risk …