19 jul: G4S: Britisk oppositionsleder vil stoppe alle nye kontrakter
19 jul: Valuta: Presset på euroen forsvundet for en tid
19-07-2012 13:38:00

Coller Raises $5.5 Billion for 6th Fund as Secondaries Supply Gathers Pace

Relateret indhold

--Coller helped by banks off-loading high quality assets to boost capital

--New fund will buy stakes from owners liquidating their positions

--Coller committed $800 million of the new fund's capital

By Marietta Cauchi

LONDON--Coller Capital said Thursday said it has raised $5.5 billion for its sixth fund investing in secondary private-equity assets as banks worldwide continue to offload rafts of high quality assets to boost their capital reserves.

Like its predecessors, Coller International Partners VI, will buy stakes in private equity funds and interests in privately-held companies from existing owners who are looking to liquidate their positions.

The announcement from secondaries specialist Coller Capital comes just a day after Credit Suisse Group AG (CS) said it had launched a sale of Customized Fund Investment Group, the bank's private-equity fund-of-funds, and its Strategic Partners secondary fund business.

"We are delighted to have formed this new fund partnership at such an exciting time in the secondaries market when investors from all over the private equity world are looking to re-shape their portfolios or exit from the asset class," said Jeremy Coller, Coller Capital's chief investment officer.

"We have already committed $800 million of the new fund's capital and we have a very full pipeline of potential investments," Mr. Coller added.

Secondary investors such as Coller Capital are attracted by the maturity of the assets they buy because investment periods are much shorter than primary investments, meaning quicker sales.

Over the last year or so banks worldwide have been selling private equity assets as they seek to comply with tough new capital regulatory requirements and exit riskier investments.

Last year Citigroup (C) sold a $1.7 billion portfolio of private equity assets while U.K. rival Barclays PLC (BCS) offloaded a $740 million portfolio. Both were snapped up by AXA Private Equity. Other European banks, including BNP Paribas SA (BNP.FR), have also launched sales of private-equity assets.

-Write to Marietta Cauchi at marietta.cauchi@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

July 19, 2012 07:38 ET (11:38 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Aarsleff/CEO: Vi drager fordel af investeringer i infrastruktur

29-05-2015 16:08:50
Der bliver investeret mange penge i vedligeholdelse af veje, jernbaner og havne rundt i det danske land, og det har været med til at sikre en markant fremgang h..

Mærsk: Rater på Asien-Nordeuropa når alletiders lavpunkt

29-05-2015 14:35:43
Fragtraterne på de store containershipping-ruter mellem Asien og Europa er faldet med hele 23 pct. i denne uge, hvilket betyder, at raterne er på det laveste ni..

Aktier/åbning: Aktier starter sidste handelsdag i maj i plus

29-05-2015 09:29:00
De danske aktier slutter foråret af i grønt. Fredag er den sidste handelsdag i maj, og det danske C20 Cap-indeks ligger fra morgenstunden i et lille plus på 0,4..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Jyske Bank: Nærtstående sælger aktier for 345.170 kr.
2
Vestas: Indisk konkurrent øger underskuddet
3
Aktier/middag: Tyndt, nyhedsfattigt og negativt marked
4
Fredagens aktier: Nyhedsfattigt, negativt og nølende marked
5
Aarsleff vinder milliardkontrakt med Banedanmark - NY2

Relaterede aktiekurser

Barclays PLC 269,07 -0,8% Fald i aktiekurs
AXA 22,92 -3,5% Fald i aktiekurs
Citigroup Inc 54,08 -0,9% Fald i aktiekurs
BNP Paribas Act.A 54,93 -2,2% Fald i aktiekurs
Barclays PLC 16,53 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2015  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
30. maj 2015 12:29:54
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: ReleaseBuild_20150528.1 - EUROWEB7 - 2015-05-30 12:29:54 - 2015-05-30 12:29:54 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x