Coller Capital expanded into Australia with two new secondary funds aimed at tapping into the country’s $1tn private wealth market.

The UK-based secondaries specialist launched the Coller Private Capital Secondaries Fund and the Coller Private Equity Secondaries Fund.
Both funds are tailored for high-net-worth Australians seeking alternatives to public market exposure. Investors can access the funds through local financial advisers, private banks, and wealth managers.

“Investors are increasingly looking to diversify, especially in uncertain public markets,” said David Hallifax, Head of Private Wealth Distribution for Australia and New Zealand. “These funds are structured to offer institutional-grade access with minimal concentration risk.”

Coller’s private credit secondaries portfolio includes around 3,500 loans. This broad exposure reduces risk for investors. “If one loan becomes distressed, it has minimal impact on the overall return profile,” Hallifax added.

The Coller Private Credit Secondaries Fund targets net returns of 11%–13%. Meanwhile, the Private Equity Secondaries Fund aims for 13%–15% after fees. Each fund requires a minimum investment of A$25,000 ($15,718), making them accessible to a wider pool of affluent retail investors.

Coller joins other global asset managers—such as Ares Management, Brookfield Oaktree Wealth Solutions, and Nuveen—who are increasingly focused on Australia. These firms see strong demand for private investment strategies, especially amid volatile equity markets and elevated interest rates.

At the same time, Coller is growing across the Asia-Pacific region. The firm recently hired Pak-Seng Lai from Blue Owl Capital to lead its regional private wealth team in Hong Kong. It also opened a new office in Singapore, further expanding its presence in the region.