We pride ourselves on our extensive due diligence practices, preferred access to private equity firms in the United States and Western Europe, thoughtful approach to diversification and portfolio construction, and careful portfolio monitoring.

Strategy
Across all of our funds, we:

• Control size to enable highly selective investment decisions and equal investment amounts across managers
• Proactively source and gain access to outstanding private equity investment opportunities
• Apply rigorous investment screens to all opportunities
• Undertake comprehensive due diligence and analysis
• Select top-tier partnerships for investment
• Construct diversified portfolios to manage risk

Portfolio Construction
Our goal is to diversify our portfolios across multiple variables, as follows:

• Vintage Year: Commitments to private equity partnerships made over a three- to four-year period
• Private Equity Subclass: Venture capital, buyout, mezzanine, restructuring/turnaround/distressed debt, special situation
• Manager: Leverage network and rigorous selection process to proactively access top-tier U.S. and European private equity partnerships
• Opportunistic purchase of secondary partnership Interests

Partnership Selection Criteria
In selecting our investing partnerships, we seek the following qualifications:

• Cohesive, high-quality management team
• Deep domain expertise with a consistent, focused investment strategy
• Stable organization with low turnover
• Superior long-term track record
• Low loss ratios
• Robust, high-quality deal flow
• Package of terms and conditions that align GP/LP interests
• Commitment to appropriate reporting standards and LP communication

Partnership Investment Process
Our rigorous investment process incorporates all of our professionals and ensures exhaustive research is done on every deal.

Proactive Deal Origination
MFPE proactively works to source and review high-quality investment opportunities in the market at all times. Our process includes several simultaneous steps:

• Actively coordinate fundraising plans with our existing general partners and legacy general partner relationships
• Closely monitor our vast network of private equity contacts for early identification of new relationship opportunities:
  • Maturing best-of-breed managers
  • Spin-offs from established private equity firms
  • New combinations of talented investors from top-tier firms
• Proactively cultivate new relationships with other top-tier managers
• Opportunistically review secondary investment opportunities

Representative Clients
MFPE works closely with the following types of investors, their advisors and consultants in the United States and Europe:

• Public pension plans
• Taft-Hartley pension plans
• Corporate pension plans
• Endowments
• Foundations
• Banks
• Insurance companies
• Domestic and foreign institutional investors
• High net-worth individuals
• Family offices