Coller now largest investor in new Permira continuation fund
News & PR

Coller Capital becomes largest lead investor in Permira continuation fund

  • Coller represents 50% of secondary commitments into new Permira continuation fund
  • Permira continuation fund to include assets from Permira IV and V

London, 04 March 2024 – Coller Capital, one of the world’s leading investors in the secondary market for private assets, has committed to Permira’s new continuation fund. The commitment makes Coller Capital the largest investor, accounting for 50% of the fund.

The continuation fund will include five assets from Permira’s existing funds and provide capital over a five-year period to support further value creation in the underlying companies.

This transaction is Coller Capital’s second GP-led secondary investment with Permira, having also been the lead investor on a Permira GP-led secondary transaction which closed in 2020. Coller and Permira have transacted numerous times beforehand, specifically as it relates to Permira funds IV and V, attesting to the strong partnership between the two organisations.

Martin Fleischer, Coller Capital, commented: “We are pleased to partner with Permira once again on another GP-led transaction. This is exactly the type of investment we specialise in, focusing on high quality underlying companies managed by an outstanding GP”.

This transaction demonstrates Coller’s ability to structure unique investments that provide exposure to strong growth across the private equity lifecycle. This solution allows existing investors to maintain access to these promising assets ‘status quo’ or to take liquidity if desired.

Related news & insights