Coller Capital (“Coller”), the UK-based private capital secondaries firm, has announced that Hunter Point Capital (“HPC”) has made a strategic minority investment in the firm.
The investment aims to support Coller’s long-term growth, notably with its Credit Secondaries business and its latest innovative RMB fund, as well as accelerating the expansion of its dealings in the Private Wealth market.
Jeremy Coller, Managing Partner and Chief Investment Officer, said, “We are delighted to welcome HPC as a shareholder as we continue to innovate in the secondaries market. We look forward to collaborating with Bennett Goodman, Avi Kalichstein and the entire HPC team.”
Avi Kalichstein, Co-Founder and CEO of HPC, added, “Coller is a pioneer in the secondaries business, a dynamic and growing asset class. Building on that heritage, Jeremy and the talented team at Coller remain committed to innovation and the delivery of market-leading returns to their investors. We are proud to support their continued growth.”
There will be no change in governance, the investment process or day-to-day management of Coller. All proceeds from the transaction will be reinvested into Coller funds.
Morgan Stanley & Co. International plc and Evercore served as joint financial advisors. Kirkland & Ellis LLP served as legal counsel to Coller. Fried, Frank, Harris, Shriver & Jacobson LLP served as legal counsel to HPC.
Inflexion, a leading mid-market private equity firm investing across the UK and Europe, also penned a strategic partnership with Hunter Point Capital earlier this month. Under the terms of the partnership, HPC has made a passive minority investment and plans to support Inflexion’s growth.