April 15, 2025 – Coller Capital, a global leader in secondaries has received a ‘Recommended’ rating from Zenith Investment Partners for its Private Credit Secondaries Fund, as investor appetite grows for alternative sources of income and liquidity in today’s shifting credit landscape.
Coller Capital’s fund is the first private credit secondaries fund to be awarded a ‘Recommended’ rating by Zenith – positioning it among highly regarded market offerings available to Australian investors. The recognition comes at a time when credit secondaries are gaining traction as investors navigate tighter financial conditions and place greater emphasis on downside protection.
Zenith noted in its report, “In our opinion, the ability of Coller – a global leader in private credit and equity secondaries – to invest across a wide range of high-quality managers and access diversified loan portfolios on attractive terms is a compelling point of difference in this competitive market.”
As global credit markets adjust to elevated interest rates, tighter lending standards, and rising refinancing risk, investors are seeking resilient income strategies – while many existing private credit holders may be looking for exit options.
That confluence has contributed to a surge of activity in credit secondaries, where firms like Coller Capital are engaging in transactions that seek to provide liquidity to limited partners and access pricing opportunities.
David Hallifax, Head of Private Wealth, Australia and New Zealand said, “There’s a clear shift underway in private credit, investors want yield stability and diversification away from domestic private credit heavily exposed to property. Our private credit secondaries strategy delivers on both, aiming to provide access to diversified portfolios of senior-secured loans, often at discounts, and seeks attractive risk-adjusted returns.”
The Fund targets net annual returns of 11 – 13 per cent and relies on the performance of underlying investments. It has a minimum investment of AU$25,000 with monthly applications and redemptions.
Michael Schad, Head of Coller Capital Secondaries added, “Zenith’s rating highlights not just the attractiveness of the Fund’s strategy, but also the strength and specialist expertise of the investment team.”
The report further stated, “The team’s proactive sourcing approach – built on long-standing relationships and ongoing dialogue with GPs and LPs – positions the Fund to access preferential deal flow. Their structured investment process, spanning origination, underwriting, and portfolio construction, reflects a disciplined and repeatable approach.”
As private credit continues to mature and evolve, Coller Capital remains at the forefront – offering Australian wholesale investors access to a highly diversified global private credit secondaries strategy. Backed by deep market insights, a disciplined investment approach, and the strength of its global platform, the Fund is designed to offer investors with a core solution to navigate today’s complex credit environment.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (ETL3440AU assigned February 2025) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines
Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the [Coller Private Credit Secondaries Fund] (“the Fund”). Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).
Equity Trustees nor any of its related parties, their employees or directors, provide any warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. This press release has been prepared by Capital Outcomes to provide you with general information only. In preparing this press release, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Past performance should not be taken as an indicator of future performance. You should obtain a copy of the Product Disclosure Statement before making a decision about whether to invest in this product.
Coller Private Credit Secondaries Fund’s PDS and Target Market Determination is available herevhttps://collercredit.com/anz/?central-login. A Target Market Determination is a document which is required to be made available from 5 October 2021. It describes who this financial product is likely to be appropriate for (i.e. the target market), and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where the Target Market Determination for this financial product may need to be reviewed.
