Direct PE to Fund or Co?

Hi folks,

Question for you - have you seen any transitions from direct PE to co-investment or fund investments? If so, what would some of the reasons that someone would want to make that move apart from lifestyle?

Just trying to get a feel out there to what some other people might be thinking that I’m not thinking of. Also, wanted to see whether it’ll be a relatively easy transition since co-investments and fund investments wouldn’t exactly be the bailiwick of an individual that’s in direct PE.

Thanks.