Coller Capital Raises $6.8 Billion for Private Credit Secondaries
Funding | Jul 08, 2025 | Coller Capital Ltd.

Coller Capital, a leader in private market secondaries, has closed its Coller Credit Opportunities II (CCO II) fund with a record $6.8 billion. This marks the largest sum ever raised for the firm’s credit platform in a single cycle and underlines Coller’s leadership in the private credit secondaries space. Targeting senior direct lending and high-quality credit investments, CCO II aims to provide investors with diversified exposure to premium credit assets. Key figures such as Michael Schad and Jeremy Coller highlight the significance of this fundraising success, which reflects growing investor demand for liquidity and diversification. Coller's strategic and innovative approach to the private credit market continues to set industry benchmarks, following its first credit fund, CCO I. As a pioneer in this space since 2008, Coller has committed $10.1 billion to date toward credit secondaries.
Sectors
- Private Equity
- Private Credit
Geography
- London – Location of Coller Capital's headquarters.
- New York – Another key financial center associated with Coller's global operations.
Industry
- Private Equity – Involves firms that raise funds to invest in private companies, and can include credit secondaries as an investment strategy.
- Private Credit – Refers to funds and investments focused on non-bank lending, a key focus for Coller's funds.
Financials
- $6.8 billion – Total raised for the Coller Credit Opportunities II fund.
- $10.1 billion – Total amount Coller Capital has committed to credit secondaries.
- $53 billion – Potential secondary credit investment opportunities seen by Coller since January 2024.
- $1.6 billion – Size of the senior direct lending portfolio acquired from American National and portfolio underwritten with Abry Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Coller Capital Ltd. | PE Firm | Company | World's largest dedicated private market secondaries manager. |
| American National | Vendor | Company | Sold a $1.6 billion senior direct lending portfolio to Coller Capital. |
| Abry Partners | Portfolio Manager | Company | Managed a $1.6bn portfolio underwritten by Coller Capital. |
| Michael Schad | Head of Coller Credit Secondaries | Person | Partner at Coller Capital responsible for their credit secondaries strategy. |
| Jeremy Coller | Chief Investment Officer and Managing Partner | Person | Overall leader of Coller Capital’s investment strategy. |