Coller Capital has partnered with Titanbay to offer its evergreen secondaries funds to European wealth managers.

Under the partnership, wealth managers will be able to access Coller’s secondaries funds, including private credit and equity secondaries, through Titanbay’s technology, the firms said.

The partnership comes as the credit secondaries market has grown rapidly in recent years, particularly in the GP-led continuation vehicle segment, yet these assets can be difficult to distribute through the wealth channel.

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“Coller has been at the forefront of secondaries for over 35 years, giving private wealth clients access to diversified, already-seasoned portfolios,” said Boris Maeder, partner, head of international private wealth distribution at $55bn (£40.7bn) Coller Capital. “Partnering with Titanbay gives wealth managers an additional route to access that expertise, through an efficient operational platform.”

Wealth managers will be able to access, subscribe to, redeem and manage client allocations to Coller’s secondaries funds through Titanbay’s TradeEngine technology.

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“Distributing an evergreen fund into the wealth channel is one of the hardest operational problems in private markets,” said Michael Gruener, co-chief executive of Titanbay, which structures and trades private markets funds. “Nobody had built the technology to solve it at scale, so we did.”

Read more: Third of LPs see private credit secondaries as fastest growing market over 3 years