Individual investments

A selection of our investments

Coller Capital acquires portfolios of fund investments, direct secondary investments, and other portfolios of private equity-like assets

Our purchases range from single LP fund interests to large, complex portfolios of disparate assets

CVC Capital Partners

In August 2016 Coller Capital’s fund acquired a $257m portfolio of senior secured loans managed by Northport Capital. The team was spun out into CVC’s direct lending platform.

Irving Place Capital

In July 2015 CIP VI was the lead investor in a transaction, committing $645m, which allowed Irving Place Capital to reposition its 2006-vintage fund and establish a new investment vehicle.

Press release

Monte dei Paschi di Siena

In September 2014, Coller Capital acquired a €175m funds & directs portfolio from a leading Italian bank, Monte dei Paschi di Siena. 

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American Capital

In May 2014, Coller's fund was a leading member of an investor group which established American Capital’s third private equity fund, which consists of seven companies from previous funds and capital for new investments. 

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ABSA

In December 2013, CIP VI was part of a syndicate which purchased the interests of Absa Capital Private Equity Funds I from Barclays Africa Group. 

Press release

Lloyds Banking Group

In August 2012, CIP VI agreed to fund the acquisition of a $1.9bn private equity portfolio from Lloyds Banking Group. 

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Crédit Agricole

In December 2011, CIP VI acquired 100% of Crédit Agricole Private Equity (CAPE) and the large majority of the funds CAPE manages.

Press release

Lloyds Banking Group

In July 2010, CIP VI, formed a joint venture with Lloyds Banking Group to acquire a £480m portfolio from the bank. 

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3i

In September 2009, CIP V, led the purchase of most of 3i’s remaining venture portfolio of technology and life sciences companies alongside HarbourVest Partners and DFJ Esprit. The portfolio will be managed by Encore Ventures, a newly-created division of DFJ Esprit. Encore I L.P., Encore Ventures’ first fund, will have total commitments of up to £166m, of which up to £84m will be from Coller Capital’s current fund, Coller International Partners V. Coller Capital won Venture Capital Deal of the Year, 2009 for this transaction. 

Press release

SVG Capital plc

In February 2009, CIP V participated in an innovative rights issue and share placement by SVG Capital plc – the major investor in Permira buyout funds. Through this rights issue, Coller International Partners V acquired a 20% stake in the business.

Prelude Trust

In June 2008, CIP V acquired a direct venture asset portfolio of 18 companies from the quoted investment vehicle Prelude Trust. Coller International Partners V, is investing up to $50m in new capital to support the portfolio. DFJ Esprit, a European venture capital firm, is managing the portfolioof mostly technology and bio-technology firms through its $100m DFJ Esprit II fund. At the time of the deal, Simon Cook, CEO of DFJ Esprit, commented that "Coller Capital has a strong track record in backing venture capital and partnering with companies to launch world-class venture funds."

Press release

QinetiQ

In June 2007, Coller Capital's fund created a partnership with QinetiQ to accelerate the development of businesses generated from its defence and security-related IP. Cody Gate Ventures, the team spun-out from QinetiQ, is managing the portfolio of seven companies through a new technology fund, QinetiQ Ventures LP. The fund has initial assets of £40m. CIP V and QinetiQ are each contributing up to £20m of follow-on funding. Hal Kruth, Chairman of QinetiQ Ventures L.P. said that "Coller Capital brings to the partnership not only additional capital but a wealth of experience in accelerating value creation from technology venture portfolios." 

Press release

Royal Dutch Shell

In March 2007, Coller Capital's fund established a $1bn joint venture with Shell to develop a portfolio of 34 investments. A new independent energy technology fund, Shell Technology Ventures Fund 1 BV, is accelerating the deployment of a range of promising technologies across Shell’s marketplace. Kenda Capital, which includes a management team spun out from Shell, is the manager of the new fund. The joint venture structure enables Shell to maintain its existing strategic links with the portfolio companies, whilst benefiting from Coller Capital’s expertise and resources as a financial investor.

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ABN AMRO

In January 2007, Coller Capital's fund formed a €200m joint venture with ABN AMRO Capital. Forbion Capital Partners span out of the bank to manage the portfolio of 26 life science companies. The new fund, Forbion Capital Fund 1, incorporates €90m of ABN AMRO Capital’s existing life sciences portfolio, and has substantial capacity for new and follow-on investment from Coller Capital's fund and ABN AMRO. 

Press release

ICICI Venture

In January 2006, CIP IV invested in ICICI Venture's India Advantage Fund I - India's first secondaries transaction. Coller Capital worked closely with the GP to ensure the complex documentation and closing process was completed to a tight timescale. Coller's proposals were tailored to meet the needs of individual sellers.

AEA Technology

In September 2005 CIP V acquired a £40 million portfolio of corporate venture assets from AEA Technology, including Accentus plc, a leading developer of IP and technology for licensing. The acquired companies operate in a range of engineering and technology-related industries. At the time of the deal Jeremy Coller, CEO of Coller Capital, commented that “these businesses require investment to reach their full potential – we will provide that investment.”

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Dresdner Kleinwort Benson

In September 2004, Coller Capital's fund acquired a $90 million portfolio of companies from Dresdner Kleinwort Benson. The 22 companies are mainly US-based and operate in a range of business sectors. Jan Kvarnström, of the Dresdner Bank’s Board of Managing Directors, explained that the “highly complex transaction” was completed at a “full and fair price” as part of a programme to “reduce the Bank's exposure to non-strategic assets". The team managing the assets at Dresdner was spun out, becoming an independent GP named Annex Capital.

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Abbey

In January 2004, CIP IV closed another landmark secondaries investment – the acquisition of a $900 million portfolio from Abbey bank (now part of Banco Santander). The deal involved 41 fund positions, 32 different managers, 16 direct investments, and around 850 underlying companies. Coller Capital’s fund's ability to provide a complete liquidity solution was very attractive to Abbey, and the firm’s track record gave the bank a high confidence of closure – even in the face of a very tight deadline. The transaction (which Abbey announced in early 2004 as “a fair deal, at a price in line with our expectations”) was, at the time, the largest secondaries investment by a single firm.

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Lucent / Bell Labs

In December 2001, CIP IV acquired the majority (and subsequently all) of Lucent’s corporate venture portfolio. The assets consisted of 27 companies based on technologies developed at the well-known Bell Labs in the late 1980s and the early 1990s. Coller Capital’s ability to resolve complex issues in a short time-frame was important to Lucent: “We decided to partner with Coller Capital because they responded quickly, and they clearly understood how to align the interests of Lucent, Coller Capital and our New Ventures Group management team.” Key members of this management team were spun out as an independent GP: New Venture Partners. The Lucent/Bell Labs transaction is often credited with kick-starting the thriving market in Secondary Directs (also known as ‘synthetic secondaries’).

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RBS / NatWest

In June 2000, CIP III led the acquisition of NatWest’s large private equity portfolio. The assets (which were sold by NatWest's new parent company RBS "to maximise value for Royal Bank of Scotland shareholders") consisted of two buyout funds and numerous direct investments, amounting in total to 292 private companies. The NatWest deal was notable for its unprecedented size and complexity – with a value in excess of $1 billion, it was the largest secondaries transaction of its time.

Press release

Shell Oil

In June 1998, Coller Capital's fund purchased the private equity funds portfolio of Shell’s US pension fund. Coller Capital's fund acquired the entire portfolio, consisting of seven venture funds, five buyout funds and two mezzanine funds, including their contingent liabilities. CIP II closed the $265 million transaction within two and half weeks.The transaction was a milestone for the private equity secondaries market – the largest secondaries deal of its time.