Coller Capital, one of the world’s largest dedicated private market secondaries managers, has launched Coller Private Credit Secondaries (CollerCredit), a Luxembourg domiciled private credit SICAV fund, accessible to eligible private wealth investors outside of the USA.
The fund will be seeded with over $250m of capital from investors globally.
According top a press statement, CollerCredit seeks to deliver a combination of absolute and risk-adjusted returns, diversification, and the opportunity for more liquidity than traditional private credit funds. CollerCredit will be made available to professional and qualified investors in certain jurisdictions in compliance with local law.
The CollerCredit launch is part of Coller Capital’s wider initiative to expand its presence in the private wealth market. This year alone, the secondaries specialist has opened offices in Luxembourg, Zurich, Melbourne, and Montreal and made several senior appointments to spearhead the private wealth offering outside of the United States.
In June, Coller Capital received regulatory approval to launch CollerEquity, its dedicated perpetual private equity fund for private wealth investors outside of the US. That fund was seeded with $470m of capital from investors globally.
An open-ended fund, CollerCredit will provide private investors with exposure to Coller’s 34 years of secondaries investment expertise and global platform.
