Québec, Frankfurt, Connecticut, London: just a sample of the markets where Coller Capital put parts of its $2.6 billion secondary fund to work during 2004.
If ever there was a firm to evidence the rise and rise in importance of the secondary sale of private equity interests, then Coller is it.
The firm’s activity in Europe included the purchase of a portfolio of 22 assets from Dresdner Bank for $90 million as well as what the firm described as the “largest secondary transaction to date involving a single buyer” – the $900 million acquisition of Abbey National’s private equity portfolio in January last year.