Coller Capital has appointed Michael Schad as head of investment management while David Platter and Francois Aguerre have become co-heads of origination. Also, Luca Salvato and Sebastien Burdel, investment partners at the firm, will be leaving.
Coller Capital has made three senior appointments within its Investment team, in a review of the firm’s long-term leadership structure:
· Head of Investment Management: Michael Schad, a London-based Partner, becomes Head of Investment Management. Working closely with Jeremy Coller and the firm’s Strategic Investment Committee, Michael will help develop – and ensure the effective implementation of – Coller Capital’s investment strategy.
· Co-Heads of Origination: David Platter and Francois Aguerre, based in New York and London respectively, become Co-Heads of Origination, with responsibility for managing Coller’s investment origination activities worldwide.
The Head of Investment Management and Co-Heads of Origination, which are new positions within the firm, will between them coordinate the activities of Coller’s 57-strong Investment team.
The firm also created five new Investment Partners in June. The new Partners – Paige Brotherton and Paul Lanna (from the New York office), Peter Kim (from the Hong Kong office), and David Jolly and Rune Munk (from the London office) – have an average tenure of nine years with the firm.
Two Investment Partners have opted to leave the firm: Luca Salvato (based in New York) and Sebastien Burdel (based in London). Luca and Sebastien, who joined Coller Capital in their mid-twenties, have both made valuable contributions to the firm. The thanks and best wishes of the whole Coller team go with them.
Jeremy Coller, Chairman and CIO of Coller Capital, commented:
“Our review of our leadership needs has been both consultative and comprehensive. Michael, David and Francois are highly experienced professionals who command the respect of their colleagues, and will bring insight and judgement to the leadership of our investment team. Together with our five Partner promotions – our first for four years – these new appointments will ensure that Coller remains ‘match fit’ in today’s rapidly developing secondaries market.”
About Coller Capital
Coller Capital, the leading player in private equity ‘secondaries’, acquires portfolios of positions in private equity funds and in unquoted companies from their original owners.
Founded in 1990, the firm is headquartered in London, and has additional offices in New York and Hong Kong. Coller’s multinational investment team – the world’s largest dedicated to secondaries – has a truly global reach.
Coller Capital invests across the size range of secondaries transactions: from single LP positions in small private equity funds, to large portfolios of diverse assets; from investments as small as $1 million, to transactions of $1 billion or more.
On 31 December, 2015, the firm closed its latest secondaries fund, Coller International Partners VII, with capital commitments of $7.15 billion and backing from approximately 170 of the world’s leading institutional investors.
Coller’s name is synonymous with the development of the secondaries market. In 1994, the firm launched Europe’s first secondaries fund; then in 1998 closed the first such fund with a global mandate.
The firm’s early transactions included the acquisition of NatWest’s $1 billion private equity portfolio from the Royal Bank of Scotland in 2000 (the largest secondaries investment of its time), and the 2004 acquisition of Abbey National’s private equity portfolio (the largest unsyndicated secondaries investment of its time).