EQT Acquisition of Coller Capital Signals Major Move in Secondaries Market News

Swedish private equity firm EQT AB has agreed to acquire British investment manager Coller Capital in a deal valued at approximately $3.2 billion, marking a significant development in secondaries market news. The acquisition will expand EQT’s presence in the private markets secondaries segment and strengthen its global private equity offerings.

Strategic Expansion into the Secondaries Market

Under the terms of the agreement, Coller Capital — a global leader in secondary private equity managing nearly $50 billion in assets — will become part of EQT as a distinct platform, branded Coller EQT. Founder Jeremy Coller will continue to lead the business, preserving its investment processes and client relationships while integrating with EQT’s existing private capital, real assets, and infrastructure divisions.

Deal Structure and Financing

The $3.2 billion transaction will be primarily funded through newly issued EQT shares, with an additional contingent consideration of up to $500 million based on future performance. Analysts view the move as a strategic milestone for EQT, broadening its private market offerings while tapping into the rapidly growing secondaries segment. Secondary market transaction volumes reached an estimated $226 billion in 2025, highlighting the increasing importance of liquidity solutions in private equity.

Private Equity Firm Perspective

Private equity firms like EQT play a critical role in enabling institutional and wealth clients to access secondary stakes in private equity and credit funds. This acquisition reflects a broader trend of consolidation and specialization in the secondaries market, where scale, global reach, and strategic expertise provide competitive advantage.

Client and Market Benefits

For Coller Capital, the integration with EQT provides expanded resources, distribution networks, and a broader suite of investment strategies. The combined Coller EQT platform is positioned to serve a wider range of institutional investors, private wealth clients, and insurance-dedicated capital, while maintaining Coller’s independent investment approach.

Looking Ahead: Secondaries Market Momentum

The acquisition highlights continued momentum in secondaries market news and underscores the strategic value of secondary transactions in private markets. By combining EQT’s scale with Coller’s expertise, the new platform strengthens both firms’ ability to capture investor demand for liquidity, risk-adjusted returns, and diversified private equity exposure.

The transaction reflects continued consolidation across private markets, as leading private equity firms expand their capabilities to meet growing investor demand for liquidity, portfolio flexibility, and diversified exposure. As secondaries market activity continues to gain momentum, the EQT–Coller Capital deal highlights the strategic importance of scale and specialization in an evolving private equity landscape.