Coller Capital Closes New Secondaries Fund At US $7.15 Billion

Coller Capital has attracted commitments from approximately 170 investors in 27 countries for its latest Guernsey fund.

The private equities secondaries specialist closed the launch of its Coller International Partners VII fund after raising US$7.15bn.

Like its six predecessor funds, the Guernsey based fund will take a flexible approach. Advised by a multinational team based in London, New York and Hong Kong, the fund will target a wide array of secondary transactions, targeting assets and sellers located anywhere in the world, and making individual investments ranging in size from $1 million to $1 billion plus.

Pension plans account for some 62% of the committed capital. Sovereign wealth funds and other government entities account for some 15% of committed capital, with a further 11% from insurance companies.