Coller EQT

Coller EQT
FormerlyColler Capital Limited
TypeSubsidiary
IndustryPrivate equity
Founded1990; 36 years ago (1990)
FounderJeremy Coller
HeadquartersLondon, United Kingdom
Number of locations
11
ProductsPrivate Equity Secondaries
Investment funds
AUM$50 billion (2026)
OwnerEQT AB
Number of employees
316 (2025)
Websitecollereqt.com

Coller EQT, formerly Coller Capital Limited, is a British investment firm founded in 1990 by Jeremy Coller. It has been owned by EQT AB since August 2026, following a $3.7 billion buy-out in January that year.

Jeremy Coller is Head and Chief Investment Officer of Coller EQT. He is also known for philanthropic work in animal welfare and food system sustainability.

History

Coller Capital launched its first fund, Coller International Partners I, in 1995, targeting the emerging market for private equity secondaries.

One of its first major transactions came in 1998, when the firm acquired a US$265 million portfolio of limited partnership interests from Shell's US pension trust — then the largest deal of its kind. Coller reportedly committed his entire US$240 million fund to the purchase.

In the 2000s and 2010s, Coller Capital expanded its presence in the secondary market, acquiring portfolios from banks, pension funds, and other institutional investors.

The following year, it launched a credit secondaries strategy with Coller Credit Opportunities I, raising US$1.4 billion. In 2025, the firm closed a $6.8 billion funding round for Coller Credit Opportunities II, and in November 2025 announced that its "evergreen" secondaries fund had passed US$1 billion AUM.

In August 2025, the firm completed a US$3 billion continuation fund transaction with TPG Twin Brook Capital Partners. In September 2025, the firm led a $2.3 billion secondaries continuation vehicle with Benefit Street Partners. In 2024, the company launched the Secondaries Institute to support research and education in the secondary market.

In November 2025, State Street Investment Management acquired a minority stake in Coller Capital.

In January 2026, the firm closed its ninth core secondaries fund, Coller International Partners IX (CIP IX), raising $17 billion.

On January 22, 2026, Coller Capital agreed to be acquired by Swedish buyout group EQT for up to $3.7 billion, comprising shares and additional consideration tied to performance. Under the agreement, Coller Capital will form a dedicated secondaries platform within EQT, branded “Coller EQT,” with Jeremy Coller continuing to lead the business and reporting to EQT’s chief executive. The firms stated that Coller’s origination and investment process would remain independent following the transaction.

The acquisition completed on 31 August 2026. The firm now operates under the brand Coller EQT and is reported as a new Secondaries segment within EQT. Jeremy Coller was appointed Head and Chief Investment Officer of Coller EQT and joined EQT's executive committee.

Business model

The firm provides liquidity to private equity investors by acquiring interests in private equity funds, portfolios of private companies and other related assets. Sellers include financial institutions, corporations, government bodies, family offices, and charitable foundations. The firm holds interests in more than 850 private equity funds and around 8,000 companies, on behalf of investors. The firm raises closed-end funds and earns revenue through management fees on committed capital and carried interest on realised gains. In 2024 Coller Capital introduced an open-ended secondaries vehicle, CollerEquity.

Operations

Coller Capital is regarded as one of the world’s largest investors in the private equity secondary market.

The firm operates from 11 offices, including in London, New York, Hong Kong, Tokyo and Korea. As of 2025, the firm claims to employ 316 people, including 31 partners.

Funds

Fund name Closed Commitments
Coller International Partners I 1996 $84 million; now liquidated
Coller International Partners II 1998 $240 million; now liquidated
Coller International Partners III 2000 $712 million; now liquidated
Coller International Partners IV 2002 $2.6 billion; now liquidated
Coller International Partners V 2007 $4.8 billion; 200 institutional investors
Coller International Partners VI 2012 $5.5 billion; 200 institutional investors
Coller International Partners VII 2015 $7.15 billion; 170 institutional investors
Coller International Partners VIII 2021 $9 billion
Coller International Partners IX 2026 $17 billion
Coller Credit Opportunities I 2022 $1.4 billion
Coller Credit Opportunities II 2025 $6.8 billion

Publications

The firm publishes research through affiliated institutes and industry journals.

Key publications:

Environmental, social and governance (ESG)

The firm is the founding sponsor of the FAIRR Initiative, a network that analyses the environmental, social and governance risks in the global food sector.

In October 2025, Coller Capital was reported as a founding signatory of Promote Giving, an initiative through which fund managers donate five percent of performance fees to charitable causes.

Awards

Coller Capital has received various industry awards, including “European Secondaries Firm of the Year” and “Secondaries Deal of the Year”, from organisations such as the British Private Equity & Venture Capital Association (BVCA), Financial News and Private Equity International.

See also

References

  1. 1 2 "EQT closes combination with Coller Capital" (Press release). EQT AB. 31 August 2026. Retrieved 28 October 2026.
  2. ↑ Lau, Katrina (22 January 2026). "Five things to know about EQT's $3.7bn Coller acquisition". Private Equity International. Retrieved 28 October 2026.
  3. ↑ "The Jeremy Coller Centre for Animal Sentience". The London School of Economics and Political Science. Retrieved 2025-10-06.
  4. ↑ "RI Interview: Jeremy Coller, the private equity titan backing ESG to end animal factory farming". Responsible Investor. 4 February 2015. Retrieved 2020-02-29.
  5. 1 2 "Private Equity Veteran Jeremy Coller Champions Farm Animal Welfare | Institutional Investor". www.institutionalinvestor.com. Retrieved 2025-10-06.
  6. ↑ "Coller International Partners I: Fund Performance | PitchBook". pitchbook.com. Retrieved 2025-10-15.
  7. ↑ Taylor, James; Borel, Philip (2014-10-06). "Privately Speaking: Coller Capital's Jeremy Coller". Secondaries Investor. Retrieved 2020-02-29.
  8. ↑ Mnyanda, Lukanyo; Baumgaertel, Christian; Porter, Kiel (2018-01-09). "One of the Most Valued Private Equity Firms Isn't on Wall Street". Bloomberg.com. Retrieved 2025-10-07.
  9. ↑ Flood, Chris (20 July 2014). "Private equity secondary market attracts growing interest". Financial Times. Retrieved 2020-02-29.
  10. 1 2 Shi, Madeline (2 February 2022). "Coller Capital raises $1.4B credit secondaries fund as LPs seek liquidity". PitchBook.
  11. 1 2 Bakie, John (2025-07-10). "Coller raises $6.8bn for credit secondaries". Private Debt Investor. Retrieved 2025-10-07.
  12. ↑ James, Rod (2025-07-08). "Exclusive | Coller Raises $6.8 Billion for Credit Secondary Deals". Wall Street Journal. ISSN 0099-9660. Retrieved 2025-10-07.
  13. ↑ Chowdhry, Amit (2025-11-18). "Coller Capital's Evergreen Secondaries Fund Surpasses $1 Billion In Assets Under Management". Pulse 2.0. Retrieved 2025-11-20.
  14. ↑ Veronasi, Francesca (12 August 2025). "Coller, TPG Ink $3 Billion Private-Credit Secondaries Deal".
  15. ↑ Singh, Preeti (2025-09-02). "Benefit Street Collects $2.3 billion for Credit Secondary Fund". Bloomberg.com. Retrieved 2025-09-16.
  16. ↑ Walker, Rupert (2025-06-05). "Coller Capital launches digital platform for secondaries education". Fund Selector Asia. Retrieved 2025-10-07.
  17. ↑ Singh, Preeti; Gyftopoulou, Loukia (3 November 2025). "State Street Takes Coller Capital Stake to Tap Secondaries Boom". Bloomberg.com. Bloomberg L.P. Retrieved 17 November 2025.
  18. 1 2 Mendoza, Carmela (2026-01-13). "Coller Capital wraps up Fund IX raise on $12.5bn hard-cap". Retrieved 2026-01-16.
  19. ↑ "EQT enters secondary market with $3.2 billion Coller Capital deal". Reuters. 22 January 2026.
  20. ↑ Lau, Katrina (22 January 2026). "Five things to know about EQT's $3.7bn Coller acquisition". Private Equity International.
  21. ↑
  22. 1 2 "Europe's 50 Most Influential in Private Equity 2019". www.penews.com. Retrieved 2020-02-29.
  23. ↑ "SEC filing". www.sec.gov. Retrieved 2025-10-15.
  24. ↑ Sidhika, Anika (2025-05-15). "Coller Capital and Deutsche Bank expand access to private equity secondaries". Private Banker International. Retrieved 2025-10-15.
  25. ↑ Staff, P. E. I. (2013-01-12). "The 30 most influential LPs in Europe". Private Debt Investor. Retrieved 2020-02-29.
  26. ↑ Zhang, Hannah (2024-09-02). "The Secondaries Investor 50: 2024". Retrieved 2025-10-07.
  27. ↑ "Coller Capital: First in Secondaries". Coller Capital. Retrieved 2025-10-06.
  28. ↑ Briefel, Alan; Mariathasan.March 2004, Joseph. "Secondhand deals - how attractive?". IPE. Retrieved 2020-02-29.{{cite web}}: CS1 maint: numeric names: authors list (link)
  29. ↑ Bawden, Tom. "Coller raises £1.6bn for buy ups". The Times. ISSN 0140-0460. Retrieved 2020-02-29.
  30. ↑ Taylor, James (2013-01-16). "Coller raises biggest ever secondaries fund". Infrastructure Investor. Retrieved 2020-02-29.
  31. ↑ Kozlowski, Rob (7 January 2016). "Coller Capital closes seventh secondary fund at $7.15 billion". Pensions & Investments. Retrieved 15 October 2018.
  32. ↑ Yap, Shiwen (10 January 2016). "Coller Capital makes final close of seventh secondaries fund at $7.15b". Deal Street Asia.
  33. ↑ Le, Adam (20 January 2021). "Coller amasses 9bn in final close for latest secondaries fund". Secondaries Investor.
  34. ↑ "Jeremy Coller, Partner and Chief Investment Officer, Coller Capital", The Future of Private Equity, Palgrave Macmillan, ISBN 978-1-137-29586-6, retrieved 2025-10-08
  35. ↑ "Coller Institute of Private Equity at London Business School | INOMICS". inomics.com. Retrieved 2025-10-08.
  36. ↑ Owens, Anne (2022-10-31). "Coller Venture Review, Issue 8". Coller Capital. Retrieved 2025-10-08.
  37. ↑ "Scottish ministers urged to 'resist' Illegal Migration Bill and mitigate impact". The Independent. 2023-06-22. Retrieved 2025-10-16.
  38. ↑ "Leading Asset Managers Launch Promote Giving, a Groundbreaking Model for Philanthropy Within the Investment Industry". Nasdaq. 15 October 2025.
  39. ↑ "How Promote Giving, a new investment model, will raise millions for charities". The Independent. 2025-10-15. Retrieved 2025-10-16.
  40. ↑ BVCA. "Responsible Investment Awards". www.bvca.co.uk. Retrieved 2025-10-08.
  41. ↑ Sam (2014-06-16). "Financial News Awards – Secondaries Firm of the Year 2014". Coller Capital. Retrieved 2025-10-08.
  42. ↑ Sam (2021-03-15). "Coller Capital wins Private Equity International award". Coller Capital. Retrieved 2025-10-08.