In this Australian Investors Podcast episode, host Mitchell Sneddon is joined by Eric Foran from Coller Capital, one of the world’s largest and longest-standing investors in private equity secondaries. Mitch first visited the Coller Capital team in New York, and when he heard Eric was visiting Australia, he grabbed the chance to bring him on the show.
Secondaries might be a new term to many investors, but once you hear how they work, it makes complete sense. Rather than investing at the start of a private equity fund, Coller steps in halfway through — buying interests in funds or assets that are already operating, and providing liquidity to investors who want to exit early. Coller pioneered this market and now manages over $40 billion globally. With $200 billion in annual deal flow and increasing demand for liquidity, Eric explains why he believes this market is just getting started.
So, join us for a deep dive into the booming private equity secondaries market with Eric Foran from Coller Capital, where we discuss:
- How the private equity secondaries market works
- Why this market now exceeds $200 billion and is still growing
- The return profile and discount opportunities in secondaries
- How Coller Capital builds its portfolio and evaluates deals
