Co-invest through a sister - [email protected]
My sister works in PE & with a recent promotion as VP she has been offered an option to co-invest. I'd like to invest through her with some of the spare cash I have ($100K initially in lump sum + up to $50K annually afterwards). I'm unsure what'd be the best way to do so while 1) avoiding unnecessary taxes and 2) keeping track of my portion of the pile clearly (in a legally binding way) as it grows over the years. I've heard of people who co-invest $5MM+ of family money through one of the family members who work in a PE. But we do not have such money. What would be the best way for me to co-invest through my sister?
Any advice would be much appreciated!