Hunter Point Capital Buys Part of Coller Capital
Posted on 04/12/2023
Hunter Point Capital has made a minority investment in secondary market alternative investment firm Coller Capital Ltd. Jeremy Coller founded Coller Capital in 1990. There will be no change in governance, the investment process or day-to-day management of Coller, the release said. All proceeds from the transaction will be reinvested into Coller funds, it added.
LP secondaries is a scalable business. Coller Capital has US$ 27.5 billion in assets under management. In March 2023, Coller Capital announced the creation of its global Private Wealth Secondaries Solutions business to provide further access to private capital markets for high-net-worth individuals.
Morgan Stanley & Co. International plc and Evercore served as joint financial advisors. Kirkland & Ellis LLP served as legal counsel to Coller. Fried, Frank, Harris, Shriver & Jacobson LLP served as legal counsel to HPC.
In 2021, Coller Capital was exploring a possible sale of its business.