Coller Capital launches US wealth version of private credit secondaries fund
Coller Capital has launched a private credit secondaries fund aimed at US high-net-worth (HNW) investors.
This latest version of CollerCredit follows the strategy of the Luxembourg Sicav that launched last year, this time offering US wealth investors institutional grade access to the private credit secondaries universe.
The vehicle seeks to deliver income, diversification and downside mitigation alongside greater liquidity than conventional private credit portfolios.
The strategy supports the firm’s broader credit secondaries platform, which recently raised $6.8bn (£5bn) in its latest fundraising cycle.
Read more: Coller Capital raises record $6.8bn for private credit secondaries platform
Coller Capital said as private credit has matured, a “dynamic and expanding” secondaries market has emerged.
The firm claims to be an “early mover” in the asset class, with investments dating back to 2008 and totalling $10.1bn to date.
Its credit secondaries group includes 12 specialists within its wider 77-strong investment team, which Coller said was one of the largest secondaries-focused investment teams in the market.
Read more: Coller Capital unveils distribution partnership with Allfunds
“Private credit secondaries represent a significant and expanding opportunity, but accessing it effectively requires deep expertise,” said Michael Schad, partner, head of Coller credit secondaries.
“Coller has been investing in this space for over 16 years, and we believe our dedicated credit team is well positioned to lead this next phase of its evolution.”
“CollerCredit brings together Coller’s long track record in secondaries with a structure designed specifically for the US wealth market,” said Jon McEvoy, head of US private wealth distribution.
“It offers investors access to private credit through a vehicle built for long-term allocation and aligned with the needs of high-net-worth portfolios.”
Read more: Rising competition changes market dynamics in private credit secondaries
