Such co-investments are a win-win for the PEs and their investors. : Mumbai: Domestic private equity (PEs) funds and their large investors are increasingly teaming up to make so-called co-investments as they battle cash-rich foreign rivals to clinch large deals. Such co-investments are a win-win for both sides, as the domestic PE (general partner or GP) gets to raise significant sums while the investors (limited partners or LPs) gain from the PE fund’s knowledge and the due diligence process, and get to choose target companies and take direct exposure in them. Such investments also help the LPs source new deals.