Coller Capital, one of the largest private market secondaries managers, announced the U.S. launch of CollerCredit, a fund providing high-net-worth investors access to the private credit secondaries market.
Private credit secondaries is described as “a distinct asset class within the broader multi-trillion-dollar private credit market.”
As the market has matured, a dynamic secondaries market has emerged, “offering investors liquidity in what has traditionally been a long-term investment strategy.”
Coller Capital was an early mover in “credit secondaries, pioneering investments as early as 2008.”
To date, the firm has committed “$10.1 billion to credit secondaries.”
CollerCredit seeks to deliver “income, diversification, and downside mitigation along with more frequent liquidity than conventional private credit vehicles.”
The strategy complements the firm’s broader credit secondaries platform, which recently “raised $6.8 billion in its latest fundraising cycle.2 Coller’s credit secondaries group includes 12 specialists within the wider 77-person investment team.”
This U.S.-registered vehicle follows the firm’s existing CollerCredit strategy introduced in Luxembourg in 2024 and “reflects the firm’s commitment to expanding private market access for wealth investors globally.”
Michael Schad, Partner, Head of Coller Credit Secondaries, said:
“Private credit secondaries represent a significant and expanding opportunity, but accessing it effectively requires deep expertise. Coller has been investing in this space for over 16 years, and we believe our dedicated credit team is well positioned to lead this next phase of its evolution.”
The fund is structured as “a U.S. Registered Investment Company (RIC) and operates as a tender offer fund to provide periodic liquidity.”
Available to high-net-worth investors, including “taxable, tax-exempt, and ERISA-eligible, the fund offers monthly subscriptions, quarterly repurchase offers, as well as simplified 1099 tax reporting and a lower minimum investment than traditional private credit funds.”
The fund’s launch marks the next milestone in Coller’s Private Wealth Secondaries Solutions (PWSS) business, which was “created in 2023 to expand access to private markets secondaries for high-net-worth investors globally.”
It follows the 2024 debut of the firm’s Luxembourg-based Private Credit Secondaries SICAV for international private clients.
Since establishing its global private wealth platform in 2023, Coller Capital has raised “more than $4 billion across private equity and credit-focused secondaries strategies.”
The firm currently manages “$40 billion in assets and operates from 10 offices across Europe, North America, and Asia-Pacific.”
