Tag: Coller Capital

Once reserved for large institutions, secondaries are now being adopted by advisers seeking greater transparency, diversification, and flexibility in private equity portfolios.

For advisers building private equity allocations, secondaries offer liquidity, faster deployment and a more diversified starting point.

The rise of secondaries has been years in the making, but the decision by EQT to build around Coller Capital marks the moment the asset class truly comes of age.

The attraction of private equity secondaries is becoming more widely understood by investors: investing years after the primary portfolios’ inception avoids ‘blind pool’ risk and gives a shorter duration to liquidity.

The case for secondary investments versus primary investments in private equity often hinges on a simple difference: in secondaries, the investor has had a good look at how the assets are performing.

Jeremy Coller, managing partner at Coller Capital, thought he had made Jake Elmhirst an offer he couldn’t refuse. But Elmhirst came right back at him with another.

The group says tackling liquidity and accessibility barriers are key to the success of its private equity secondaries fund. Researcher Lonsec agrees, recently giving the fund a ‘Recommended’ rating on its platform.

Secondaries now represent a core pillar of many investors’ alternative assets program, according to Coller Capital.

As the twin pillars of private markets – debt and equity – have expanded, so has the burgeoning secondaries market behind it. Allocations continue flowing in the private capital arena, and investors are coming around to the opportunity this presents.

Long the bailiwick of institutional investors, private markets secondaries are now trickling down to the wealth space as the market grows and new vehicles expand access.

The private market sector has grown to the point that it has a thriving secondaries market operating behind it, which puts investors in line to benefit from the twin pillars of risk mitigation and upside return potential.