Coller private equity secondaries fund arrives in Australia

London-headquartered private equity secondaries manager, Coller Capital, has launched a new fund in Australia as part of its solutions business expansion plans.

The launch of the Coller Private Equity Secondaries Fund follows in the wake of the firm opening an office in Melbourne and appointing David Hallifax as Head of Australia and New Zealand, Private Wealth Distribution earlier this year.

The fund is Coller’s first evergreen offering for private wealth investors in Australia, providing access to a diversified range of private equity investments.

“We are excited to bring Coller Capital’s 34 years of industry-leading expertise in private equity secondaries to Australia’s wealth sector, with our first evergreen fund specifically designed for the high-net-worth market,” Partner and Head of Private Wealth Secondaries Solutions at Coller Capital, Jake Elmhirst, said.

“We believe the launch is perfectly timed to meet the growing demand from private wealth investors who are increasingly looking to the private markets to increase diversification and enhance returns within their portfolios.”

Hallifax said the fund is well suited to meet the growing demands from Australian investors for more private investment options.

“The Australian wealth market is rapidly evolving, and we believe this fund provides an ideal solution for investors seeking access to private equity without the traditional barriers.”

“With secondary private equity poised to deliver compelling risk-adjusted returns and liquidity solutions designed specifically for the private wealth investor, we believe our new fund is uniquely positioned to meet the needs of Australian investors.”