Coller Capital has tapped personnel from placement agent Rede Partners to help bolster its fundraising efforts.
The secondaries firm has appointed Sarah Bourne as a principal in its investor relations and fundraising team, according to an update on its website. She comes to the job from the private equity fundraising team at Rede, where she spent 18 months as an associate-principal.
Prior to that she spent nearly seven years in the equity capital markets team at JP Morgan, according to her LinkedIn page.
Bourne left Rede Partners in April, Secondaries Investor understands. Her starting date at Coller is not known.
Coller Capital is in market targeting $9 billion for its latest flagship secondaries fund, alongside Ardian, Lexington, Strategic Partners and HarbourVest – the five largest secondaries firms.
The firm’s previous fund, Coller International Partners VII, raised $7.15 billion – above its target of $5.5 billion – by final close in December 2015. The fund had achieved a since-inception internal rate of return of 67.78 percent as of 31 December, according to data from pension fund Colorado PERA.
Coller Capital’s Remy Kawkabani and Rede’s founders Scott Church and Adam Turtle were featured on PEI’s Rainmaker 50, a list of the most influential fundraisers in private equity published in April.
In early August, Rede made seven new hires including senior advisor Ian Simpson, who co-founded boutique placement agent Helix Associates, which was acquired by Jefferies Group in 2005.
Coller and Rede declined to comment.