In December 2001, CIP IV acquired the majority (and subsequently all) of Lucent’s corporate venture portfolio. The assets consisted of 27 companies based on technologies developed at the well-known Bell Labs in the late 1980s and the early 1990s.
Strategy: Private capital
RBS / NatWest
In June 2000, CIP III led the acquisition of NatWest’s large private equity portfolio. The NatWest deal was notable for its unprecedented size and complexity – with a value in excess of $1 billion, it was the largest secondaries transaction of its time.
Shell Oil
In June 1998, CIP III purchased the private equity funds portfolio of Shell’s US pension fund. Coller Capital’s fund acquired the entire portfolio for $265 million. The transaction was a milestone for the private equity secondaries market – the largest secondaries deal of its time.