Pearl Diver Capital
In November 2008, the first commitment was made to a series of CLO porfolios across CIP V, CIP VI and CIP VII funds.
Transaction type: LP-led
Abbey
In January 2004, CIP IV closed another landmark secondaries investment – the acquisition of a $900 million portfolio from Abbey bank (now part of Banco Santander). The deal involved 41 fund positions, 32 different managers, 16 direct investments, and around 850 underlying companies. The transaction was, at the time, the largest secondaries investment by a single firm.
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.