The firm, which closed its first vehicle in the series just three years ago, now has raised one of the largest funds ever in the strategy.
The firm’s latest special situations and opportunistic credit fund closed on $4.2bn.
Coller Capital’s founder expects the road for economic growth to remain a bumpy one, especially in the US.
The law firm promoted 28 lawyers to partner and 53 to counsel across its global team.
The firm's spin-out of Carlyle Group co-founder David Rubenstein's single-family office Declaration Capital allows it to take on third-party capital and scale, co-founder Alexa Rachlin told Secondaries Investor.
Research provided to affiliate title Buyouts by TREO indicates the global volume of AUM of tail-end funds, or TEFs, hit $829bn in 2024, up 24% from 2023.
The fund is already 'well deployed' with 22 transactions completed to-date.
Secondaries is not about stressed portfolios or assets that firms cannot sell – it is about capital allocation and repositioning, according to CEO Harvey Schwartz.
The fund is looking to collect up to $1.5bn more through December and has already deployed $8bn.
Aqualis Partners is looking to take advantage of the growing and increasingly attractive small-cap market.