Coller Capital, the leading global investor in private equity secondaries, announces the final closing of Coller International Partners VII (CIP VII) on 31 December 2015, with total Limited and General Partner commitments of $7.15 billion.
Like its six predecessor funds, CIP VII will take a flexible approach. Advised by a multinational team based in London, New York and Hong Kong, the fund will target a wide array of secondary transactions, targeting assets and sellers located anywhere in the world, and making individual investments ranging in size from $1 million to $1 billion plus.
CIP VII, which had a Limited Partner re-up rate of 82%, has approximately 170 Limited Partners from 27 different countries. Pension plans account for some 62% of the fund’s committed capital; sovereign wealth funds/government entities for 15%; and insurance companies for 11%; with the remaining commitments coming from endowments and foundations, family offices and other types of asset manager.
