Coller Capital Closes Sixth Fund Ahead of Target

By Angela Sormani — 3 years ago

Private equity secondaries investor Coller Capital has reached a final close on Coller International Partners VI. The fund exceeding its target of $5 billion securing commitments of $5.5 billion. PRESS RELEASE Coller Capital, the leading global investor in private equity secondaries, today announced the final closing of Coller International Partners VI (CIP VI) with commitments […]


Coller Capital Acquires Credit Agricole PE

By Angela Sormani — 4 years ago

Coller Capital has acquired Crédit Agricole Private Equity (CAPE) and all of the funds managed by CAPE and owned by Crédit Agricole Capital Investment Finance (CACIF), a wholly-owned subsidiary of Crédit Agricole S.A. Crédit Agricole S.A.’s decision to sell CAPE forms part of a plan to optimise capital allocation and refocus the bank’s private equity […]


Coller Pays $389.92M for Credit Agricole PE Unit

4 years ago

Credit Agricole is selling its private equity unit to UK-based buyout shop Coller Capital for roughly 300 million euros ($389.92 million), Reuters reported Friday. The deal will reduce the risk-weighted assets of Credit Agricole by 900 million euros, Reuters wrote. Coller Capital specializes in buying secondary private equity assets.


The Mood Among LPs? Much Better, Thank You, Survey Says

By Gregory Roth — 4 years ago

For all the private equity firms waiting – patiently and impatiently – for limited partners’ moods to improve, the wait is over. According to a new LP survey by Preqin, the private equity data firm, LPs are moving squarely off neutral and into high-gear in terms of committing new funds.

More than three times as many LPs, about 46 percent of Preqin’s respondents, said they planned to increase the amount of capital that they commit to private equity during 2011, as compared to 13 percent who said they planned to reduce their commitment levels. And of those LPs who planned to commit more in 2011, about two in every five said they said they planned to increase their commitments “significantly.”

The Preqin results echo another recent study – this one by Coller Capital – which reported that more than twice as many LPs planned to increase their target allocations to private equity in 2011, as compared to those who planned to decrease their allocations. The Preqin results were more profound, revealing that more than three times as many LPs planned to increase their target allocations to PE over the next 12 months as those that planned to decrease them.


Coller Capital: LPs Views on PE Brighten, But Hard Landings Are Expected

By Jonathan Marino — 4 years ago

For the second straight summer, limited partners’ views on private equity as an asset class continued to brighten, according to a Coller Capital report released Monday. They’re looking to increase target allocation in greater numbers and LPs say debt markets are functioning well and that dividend recaps are a sign of strength. Nearly one quarter […]


Facing Chinese Boom, PE Pros Preach Caution

By Jonathan Marino — 5 years ago

As the influx of China’s companies to American exchanges continues to boost valuations in the East’s top growing economy, PE dealmakers still approach Asian investment opportunities with trepidation, citing the old axiom that there is too much money chasing too few deals. “China is a place we’re getting to know,” Apollo Global Management Founder and […]


Funds Feeling the Heat from LPs in ‘11

By Jonathan Marino — 5 years ago

We’d like those distributions, thank you very much. But we’d also like to hear from fewer of you.

That pretty much sums up LPs’ feelings toward private equity firms lately. The winter 2011 edition of Coller Capital‘s Global Private Equity Barometer, based on a survey of LPs, indicates confidence is growing that returns will improve. One-third of respondents said they’re expecting double-digit percentage returns.

However, more LPs, rejecting re-ups, are looking to take their capital to new talent this year. A whopping 81% of Coller’s respondents said that they—many, consistent with existing mandates to seek out new GP relationships—will explore new firms and that they expect to buy into funds with which they have not before invested. And 60% of respondents said this year, they’ll speed up their rate of commitments to funds.


Deutsche Bank to Raise $750M To $800M Secondaries Fund

By Luisa Beltran — 5 years ago

Deutsche Bank plans to begin marketing soon for a new secondaries fund that is expected to reach $750 million to $800 million, sources say.

Deutsche Bank has been showing the deal to clients of its private bank, one person says. Fundraising is to begin “imminently,” another source says.

While Deutsche Bank has been in the secondaries market for some time, it has only publicly acknowledged one fund. In 2007, the bank announced the final close of its DB Secondary Opportunities Private Equity Fund, which raised $775 million.


Doughty Hanson Pays $725.6M For British Cinema Chain

5 years ago

Buyout shop Doughty Hanson plans to buy Britain’s Vue Entertainment for 450 million pounds ($725.6 million), Reuters reported, citing an article in Monday’s Financial Times. The founders of Vue Entertainment – which runs Britain’s largest cinema chain – own 51% of the company. Private equity firm Coller Capital and New York-based hedge fund Och-Ziff own the remaining shares, which they both plan to sell to London-based Doughty Hanson, Reuters reported.


PE-Backed Nycomed Buys China’s Techpool

5 years ago

Swiss drug maker Nycomed has acquired a majority stake in the Chinese pharmaceutical company Guangdong Techpool Bio-Pharma, Reuters reported. Nycomed paid roughly $210 million for a 51.34% stake in the Guangdong-based company. Zurich-based Nycomed is owned by four private equity firms: Nordic Capital, Credit Suisse’s DLJ Merchant Banking, Coller International Partners and New York-based Avista Capital Partners.


Lloyds Selling PE Unit to Coller Capital

By PEHub Administrator — 5 years ago

LONDON (Reuters) – Bailed-out lender Lloyds Banking Group (LLOY.L) has agreed to sell its private equity business to buyout firm Coller Capital, accelerating its plan to offload peripheral units and refocus on its core lending activities. Lloyds will get 332 million pounds ($513.5 million) in cash for transferring the 40 investments held by its Integrated […]