 Solution

It is enough to prove the solution-set condition and then apply the general adjoint functor theorem. Fix $D\in \mathcal{D}$ and a morphism $d:D\to UC$. We will factor it through one object in a set depending only on $D$.

First construct a minimal supported subobject. Among the subobjects $m:M\hookrightarrow C$ for which $d=U(m)d_M$ for some $d_M:D\to UM$, include $1_C$ and take their intersection $m_0:C_0\hookrightarrow C$. This is a small intersection, by well-poweredness. It exists by completeness as the categorical limit of the diagram consisting of these monomorphisms into $C$. Its map to $C$ is a monomorphism: two maps with the same composite to $C$ have equal projections to every $M$, since each $m$ is monic, and are then equal by the categorical limit property. One can equivalently construct these intersections by pullbacks in a category and small products in a category, using stability of monomorphisms under pullback in a category.

Choose the factorizations $d_M$. They form a compatible categorical cone into the image diagram under $U$, all with common composite $d$ to $UC$. Preservation of small categorical limits yields $d_0:D\to U{C}_0$ with $U(m_0)d_0=d$. If $n:N\hookrightarrow C_0$ is another subobject through which $d_0$ factors after applying $U$, then $m_{0}n$ is among the original supported subobjects. The intersection property gives $r:C_0\to N$ with $m_{0}nr=m_0$. Since $m_0$ is monic, $nr=1_{C_0}$; since $n$ is monic, also $rn=1_N$. Thus every supported subobject of $C_0$ is invertible.

For each member $Q_i$ of the small cogenerating family, considerThis map is injective. If $U(q)d_0=U(q^{\prime })d_0$, preservation of the equalizer of $q,q^{\prime }$ makes $d_0$ factor through the image of that equalizer. Minimality makes its inclusion an isomorphism, so $q=q^{\prime }$.

Write $R_i=\mathcal{D}(D,U{Q}_i)$; it is a set by local smallness of $\mathcal{D}$. Let $S_i\subseteq R_i$ be the image of ${\theta }_i$. For each $s\in S_i$, there is exactly one corresponding $q_{i,s}:C_0\to Q_i$. These maps define the evaluation embedding into cogenerator productsIt is a monomorphism: if $eg=eh$ and $g\ne h$, cogeneration supplies some $q:C_0\to Q_i$ distinguishing $g,h$; that $q$ is one of the projections of $e$, a contradiction. The product is small. It is important to use the subfamilies $S_i$, since some missing coordinate in $R_i$ need not correspond to a morphism out of $C_0$.

There are only a set of possible families $(S_i\subseteq R_i{)}_{i\in I}$. For each such family form $P_S$, choose a set of representatives $N\hookrightarrow P_S$ of its subobjects, and take all pairs $(N,d_N:D\to UN)$. Local smallness of $\mathcal{D}$ and well-poweredness make their union a set. In the case just constructed, $e$ identifies $C_0$ with one chosen representative $N$. Transporting $d_0$ to $UN$ and composing the inverse identification with $m_0$ gives a factorization of the original $d$ through that pair. Therefore these pairs form a weakly initial set in $(D\downarrow U)$.

The general adjoint functor theorem now supplies a left adjoint to $U$. Conversely, a right adjoint preserves small categorical limits, either by the adjunction hom-set bijections and the hom-set detection of categorical limits, or directly from their universal properties. Hence the stated special theorem is proved in both directions.