Coller Capital has closed its largest ever fund at $17 billion, highlighting the increasing importance of secondaries in diversified portfolios amid evolving market dynamics and growing institutional demand.
Coller Capital has completed a $17 billion raise for its global private equity secondaries platform, underscoring the growing institutionalisation of secondary transactions as a strategic, rather than merely tactical, allocation in diversified portfolios. The final close of Coller International Partners IX (CIP IX) , the firm’s largest fund to date , forms the centrepiece of the platform, which also includes co‑investment vehicles, separately managed accounts and equity perpetual funds. According to PE‑Insights, more than 250 investors took part in the latest cycle, and the fund is already over 70% deployed, providing immediate exposure to mature private equity assets.
According to Coller Capital, CIP IX targets both LP‑led and GP‑led transactions across single‑asset and multi‑asset opportunities worldwide. The firm said the raise comes amid slower exit markets and extended hold periods across private equity, dynamics that have helped drive investor demand for the liquidity, diversification and defensive exposure secondaries can offer. Coller added that its assets under management have reached $50 billion, supported by a global team of 77 investment professionals across 11 offices.
Jeremy Coller, chief investment officer and managing partner, framed the shift in allocation strategy explicitly, saying: “Secondaries are no longer seen as a tactical portfolio rebalancing tool but a core component of diversified portfolios.” He added that market volatility and heightened liquidity needs made 2025 “another record year” for the secondary market.
The fundraising sits alongside a series of strategic moves that broaden Coller’s capability to originate and finance secondary opportunities. The firm has structured a $2.4 billion financing vehicle with Barings Portfolio Finance and Ares Management’s alternative credit funds to support investments in private market secondaries, a deal Coller said is the largest such structured funding vehicle in the secondary market and the fifth issuance of its kind since 2020. Coller also flagged expansion of distribution and education initiatives: a global partnership with WealthTech firm Allfunds will make Coller’s private equity and private credit secondaries available to the platform’s network of wealth managers and family offices, while the newly launched Secondaries Institute offers digital educational content for wealth advisers and high‑net‑worth investors.
Industry commentators and Coller’s own disclosures point to product diversification beyond equity secondaries. Coller has also closed Coller Credit Opportunities II (CCO II) at $6.8 billion for a private credit strategy focused on direct lending and credit secondaries, a move the firm says will deliver risk‑adjusted returns and stability through market cycles while complementing its equity secondaries franchise.
While Coller presents the fundraising and related structures as evidence of secondaries’ mainstream role, market participants note a range of drivers behind demand: stretched holding periods at general partners, a more active GP‑led market offering tailored liquidity solutions, and investor appetite for mid‑cycle exposure to mature assets. At the same time, the enlarged scale of secondary funds and the growth of structured financing arrangements raise questions for some investors about competition for high‑quality deals and potential pressure on pricing and returns.
According to Coller Capital, the breadth of participation in CIP IX , from pension funds, insurers and sovereign wealth funds to asset managers and financial institutions , signals wide institutional endorsement of secondaries. The firm said the platform’s reach, financing capabilities and distribution partnerships are intended to give investors access to liquidity, portfolio granularity and the risk‑return characteristics associated with mature private markets assets.
The fundraising round and Coller’s ancillary initiatives illustrate how secondaries strategies have evolved from niche trading of existing partnerships into a broad, multi‑product component of private markets investing. The company claims these developments enable more efficient portfolio management amid a private markets landscape marked by longer hold periods and uneven exit conditions. According to PE‑Insights, readers with additional information were invited to contact the publication.
- https://pe-insights.com/coller-capital-raises-17bn-as-secondaries-cement-core-role-in-portfolios/ – Please view link – unable to able to access data
- https://www.collercapital.com/coller-capital-raises-17-billion-for-global-private-equity-secondaries-platform/ – Coller Capital, the world’s largest dedicated private market secondaries manager, has announced the final closing of Coller International Partners IX (CIP IX), its largest fund to date, raising a total of $17 billion for its private equity secondaries platform. The fund focuses on LP-led and GP-led secondary transactions globally, targeting high-quality portfolios. Coller Capital’s assets under management now stand at $50 billion, supported by a global team of 77 investment professionals across 11 offices. Jeremy Coller, Chief Investment Officer and Managing Partner, highlighted the growing importance of secondaries as a core component of diversified portfolios.
- https://www.privateequitymarketeer.com/fund-closes/coller-capital-raises-17-billion-for-global-private-equity-secondaries-platform – Coller Capital has successfully closed Coller International Partners IX (CIP IX), its largest fund to date, raising $17 billion for its private equity secondaries platform. The fund targets LP-led and GP-led secondary transactions worldwide, focusing on high-quality portfolios. Coller Capital’s assets under management have reached $50 billion, supported by a global team of 77 investment professionals across 11 offices. Jeremy Coller, Chief Investment Officer and Managing Partner, emphasized the strategic importance of secondaries in achieving defensive exposure, liquidity, and enhanced portfolio management amid heightened market volatility.
- https://www.private-equitynews.com/news/coller-capital-partners-with-barings-portfolio-finance-and-ares-on-2-4-billion-structured-funding-vehicle-to-invest-in-private-market-secondaries/ – Coller Capital has partnered with Barings Portfolio Finance and Ares Management Alternative Credit funds to raise a $2.4 billion structured funding vehicle for Coller funds to invest in private market secondaries. This innovative solution marks the largest-ever structured funding vehicle of its kind in the secondary market to invest in both private equity and private credit secondaries. The transaction was led by Coller’s Structured Solutions team and builds on the firm’s track record of capital raising through innovative structured solutions, the fifth such issuance since 2020.
- https://www.collercapital.com/coller-capital-expands-global-reach-through-strategic-partnership-with-allfunds/ – Coller Capital has announced a global distribution partnership with Allfunds, the leading end-to-end WealthTech partner for the wealth and asset management industries. This partnership will see Coller Private Equity Secondaries (CollerEquity) and Coller Private Credit Secondaries (CollerCredit) made available to the 19,000 accredited private investors, wealth managers, and family offices on the Allfunds platform. The collaboration aims to provide global individual investors with access to institutional-quality private equity and credit secondaries, enabling them to benefit from the liquidity and resilience that private markets secondaries afford.
- https://www.collercapital.com/coller-capital-launches-secondaries-institute/ – Coller Capital has launched the Secondaries Institute, a new digital educational platform developed to support its growing Private Wealth Secondaries Solutions (PWSS) business. The platform provides wealth advisors and high-net-worth investors with structured, accessible content designed to deepen understanding of secondaries and support long-term portfolio construction. It reflects Coller’s longstanding commitment to private markets education and responds to growing demand for tools that deepen investors’ knowledge of private market secondaries.
- https://www.financialstandard.com.au/news/coller-capital-closes-10bn-private-credit-strategy-179809166 – Coller Capital has announced the final closing of Coller Credit Opportunities II (CCO II), bringing in a total of $6.8 billion for the strategy focused on direct lending and high-performing credit investments. CCO II seeks opportunities across both limited partner-led and general partner-led secondary transactions to deliver strong risk-adjusted returns and stable performance through market cycles to better diversify portfolios. The capital raise follows the firm’s first credit fund, CCO I, which was the previous benchmark as the largest private credit secondaries fund at the time.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
The narrative is fresh, with the latest publication date being 13 January 2026. The earliest known publication date of substantially similar content is also 13 January 2026, indicating no prior coverage. The report originates from Coller Capital’s official website, suggesting it is a press release, which typically warrants a high freshness score. No discrepancies in figures, dates, or quotes were found.
Quotes check
Score:
10
Notes:
The direct quotes from Jeremy Coller and Remy Kawkabani appear to be original, with no identical matches found in earlier material. This suggests the content is potentially original or exclusive.
Source reliability
Score:
10
Notes:
The narrative originates from Coller Capital’s official website, a reputable organisation. This enhances the credibility of the information presented.
Plausability check
Score:
10
Notes:
The claims about Coller Capital’s $17 billion raise and the strategic importance of secondaries in diversified portfolios are plausible and align with industry trends. The report lacks specific factual anchors such as names, institutions, or dates, which slightly reduces the score.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative is fresh, originating from a reputable source, and presents plausible claims with no significant discrepancies or issues detected. The lack of specific factual anchors slightly reduces the plausibility score, but this does not undermine the overall credibility.

