London-based secondaries specialist Coller Capital has struck a distribution deal with Deutsche Bank which will see one of its flagship funds sold to the bank’s wealth management clients.
The partnership will see Coller’s private equity secondaries fund, CollerEquity, offered to professional and qualified Deutsche wealth management clients in Asia and selected countries in Europe, the Middle East and Africa.
CollerEquity, which launched in July 2024, has net assets exceeding $800 million of capital in secondary private equity transactions.
The fund provides both institutional and qualified non-institutional clients with access to Coller Capital’s 35 years of secondaries investment expertise and global platform through a Luxembourg domiciled ‘SICAV’ structure.
The fund’s portfolio consists of institutional quality private equity assets diversified by GP manager, and fund vintage as well as by geography and sector.
Alongside diversification, the fund seeks to deliver a combination of absolute and risk-adjusted returns and the opportunity for more liquidity than traditional private equity funds.
The secondaries market is a critical provider of liquidity to the wider private capital ecosystem, with a record estimated volume of $160 billion in transactions completed during 2024. The fund offers monthly subscriptions and quarterly redemptions and can be accessed with a €50,000 minimum commitment.
Jake Elmhirst, partner and Head of Private Wealth Secondaries Solutions and Deputy Head of Capital Formation at Coller Capital, said: “We look forward to working in close collaboration with the bank’s expert advisers to help private wealth investors enhance their portfolios with the additional diversification, j-curve mitigation and attractive risk-return characteristics that private equity secondaries provide.”
Coller manages $40 billion in secondaries across private equity, private credit and other private market vehicles.
