Coller International Partners VI (CIP VI)

Coller International Partners VI (CIP VI)

Coller Capital launched its dedicated secondaries strategy in the early 1990s — well before the market recognized LP-led transactions as a discrete asset class. Jeremy Coller, the firm's founder and CIO, originally sourced and negotiated purchases of limited partner stakes from distressed sellers, creating a pricing and structuring discipline that underpins every flagship fund since. The firm operates from London and New York, though CIP VI itself is a Delaware-domiciled vehicle managed from the New York office. The CIP series buys seasoned private equity fund interests across buyout, growth equity, venture capital, and private credit. Rather than launching new deals, CIP VI acquires existing commitments from LPs seeking early liquidity, then manages those positions through residual fund life. Confirmed past Coller pools have acquired stakes in funds managed by firms including TPG, Silver Lake, and Lexington Partners (public record). The vehicle also executes GP-led transactions — purchasing single-asset continuation vehicles and structured preferred equity solutions — with deal flow sourced from a network built over 30 years of broker, GP, and LP relationships. Geographically, capital has historically been deployed across North America, Western Europe, and select Asian markets. The firm does not publicly report CIP VI's fund size. Prior Coller vehicles include Coller International Partners VII, which closed on $9 billion in commitments in 2020, and CIP VIII, which targeted $10 billion in 2022 (per Bloomberg, 2022). Earlier vintages include a 1998 debut vehicle and a 2002 follow-on. Coller's structural distinction is its pure focus on secondaries as a principal buyer. Most secondaries managers also operate primary fund-of-funds or direct co-investment programs — Coller historically did not. That specialization created a counterparty reputation that allows the firm to price complex, multi-hundred-million LP portfolios without a primary relationship to protect, making it a preferred liquidity provider for pension funds and banks restructuring legacy commitments.