TITLE: Colimits in a bigger universe
QUESTION [5 upvotes]: Fix a universe $\mathcal{U}$. Call a category $\mathcal{U}$-complete if every diagram indexed by a $\mathcal{U}$-small category has a limit, and a functor $\mathcal{U}$-continuous if it preserves $\mathcal{U}$-small limits. Usually, when one fixes a universe, one calls this simply complete and continuous.
Now assume we are given $\mathcal{U}$-complete categories $C,D$ and a $\mathcal{U}$-continuous functor $F : C \to D$. Does then $F$ also preserve limits (which exist in $C$) which are not necessarily $\mathcal{U}$-small?

REPLY [4 votes]: The answer is yes if you put in some additional smallness/accessibility/presentability assumptions.  For example, if $C$ is the $U$-cocompletion of a $U$-small subcategory, each of whose objects are ($U$-small)-presentable, then any $U$-cocontinuous functor is a left adjoint, and hence absolutely cocontinuous.