Global private equity firm EQT has taken a strategic step to enhance its offerings in the secondary market by entering into definitive agreements to bring Coller Capital into its global business framework. This transaction aims to augment EQT clients’ ability to access secondary investments, a growing and critical segment within private equity. Following the deal, Coller Capital will operate as a part of EQT’s global platform but retain the independence of its origination and investment practices, according to an official statement from the companies.
Jeremy Coller, who leads Coller Capital as chief investment officer and managing partner, will continue at the helm within the new arrangement, reflecting continuity in leadership and operational approach. Coller expressed confidence in the integrated entity’s potential, highlighting opportunities to drive innovation in secondary strategies and expand the range of solutions available to investors worldwide. He emphasized the commitment to maintaining close alignment with investors and preserving the firm's established high-quality investment processes.
The formation of a combined business platform, to be named Coller EQT, is a central element of the transaction. This newly established unit will sit alongside EQT's existing private capital and private real assets business segments, collectively functioning as a comprehensive secondaries business arm. Coller EQT is expected to leverage EQT’s global footprint to amplify its reach and deepen relationships across multiple client categories, including institutional investors, private wealth clients, and insurance entities.
Under the new organizational structure, Jeremy Coller will assume the position of head of Coller EQT and take a seat on EQT's executive committee. He will report directly to Per Franzen, the CEO and managing partner of EQT. Franzen described Coller Capital’s inclusion as a natural progression for EQT, underlining the increasing importance of secondary transactions in managing liquidity and portfolio construction strategies. He articulated confidence in the partnership’s growth potential, projecting a potential doubling of Coller’s business size within four years.
This transaction remains contingent upon usual closing prerequisites, including securing regulatory approvals, and completion is targeted for the third quarter of 2026. Financial advisory services for Coller Capital were provided by Morgan Stanley, while Kirkland & Ellis and Roschier served as legal counsel for Coller Capital and its selling shareholders.
Coller Capital, with its headquarters in the United Kingdom, boasts a global workforce of approximately 330 employees, including 77 investment professionals spread across 11 international offices. The firm manages around $50 billion in assets encompassing private equity, private credit, and other private market instruments. The integration into EQT’s platform will equip Coller Capital with enhanced operational capabilities and access to a broader range of products and investor networks within the private equity ecosystem.
The inclusion of Coller Capital into EQT’s global private equity platform reflects a growing industry trend toward consolidating assets and expertise to meet burgeoning investor demand for flexible, innovative secondary market solutions. This collaboration is positioned to provide investors with diversified tools to navigate liquidity needs and construct resilient portfolios anchored in long-term asset ownership.
January 22, 2026
Finance
EQT to Integrate Coller Capital into Its Expanding Global Private Equity Platform
The Collaboration Expected to Enhance Secondary Market Access and Broaden Investor Offerings Globally
Summary
EQT has entered into binding agreements to incorporate Coller Capital into its global private equity platform, forming a new business segment focused on secondaries. Under this arrangement, Coller Capital will maintain operational independence while strengthening its reach and product range for institutional and private investors. Jeremy Coller will continue leading the business and also join EQT’s executive committee, marking a significant step in EQT's strategic expansion into the secondary private equity market.
Key Points
EQT has signed binding agreements to incorporate Coller Capital into its global private equity platform, creating Coller EQT as a dedicated secondaries business segment.
Jeremy Coller will continue leading Coller Capital and join EQT's executive committee, reporting to EQT CEO Per Franzen.
The alliance aims to broaden access to secondary investments for institutional, private wealth, and insurance clients globally, while preserving Coller Capital’s operational independence.
The transaction is anticipated to close by Q3 2026, pending customary regulatory approvals.
Risks
- The transaction is subject to customary closing conditions including regulatory approvals which may delay or prevent completion.
- Maintaining Coller Capital’s independence in origination and investment processes within a larger entity may present operational challenges.
- Market conditions affecting secondary private equity demand could impact the anticipated growth post-integration.
- Integration risks inherent in combining organizations and cultures could affect performance during the transition.
Disclosure
Education only / not financial advice